I need to calculate the debt-to-equity ratio based on the following information listed below:
Debt Ratio (Book-based) = 72%
TIE = 3.5
Bond Rating (S&P) = BB-
Debt-to-Equity Ratio =??
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I need to calculate the debt-to-equity ratio based on the following information listed below:
Debt Ratio (Book-based) = 72%
TIE = 3.5
Bond Rating (S&P) = BB-
Debt-to-Equity Ratio =??
Debt to Equity Ratio = Debt Ratio/(1-Debt Ratio)
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