The following balance sheet information is provided for Santana Company for Year 2:
What is the company's debt to equity ratio? (Rounded to nearest whole percent. )
Definitions:
Earnings per Share
A financial ratio indicating the portion of a company's profit allocated to each outstanding share of common stock, showing the company's profitability per share.
Debt-to-equity Ratio
A financial metric indicating the relative proportion of shareholders' equity and debt used to finance a company's assets.
Times Interest Earned Ratio
A financial metric that compares a company's operating income to its interest expenses, indicating how well the company can cover its interest obligations with its earnings.
Times Interest Earned Ratio
A financial metric that measures a company's ability to meet its interest obligations from its operating income.
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