The Project Gutenberg EBook of McGuffey's First Eclectic Reader, Revised. Edition, by William Holmes McGuffey. This eBook is for the use of anyone anywhere at no cost and with. almost no restrictions whatsoever. You may copy it, give it away or. re-use it under the terms of the Project Gutenberg License included. with this eBook or online at www.gutenberg.net. Title: McGuffey's First Eclectic Reader, Revised Edition.
It is a popular benchmark used in the measurement of an entity's (person or corporation) ability to produce enough cash to cover its debt (including lease) payments. The higher this ratio is, the easier it is to obtain a loan.
For example, if a company possesses $4 million in total assets and $600,000 in total liabilities, the company would have a debt ratio of 15%.This number signifies a great deal of information; the debt ratio is a fundamental calculation used to observe a companyâs riskiness or long-term positioning.or example, if a company possesses $4 million in total assets and $600,000 in total liabilities, the company would have a debt ratio of 15%.