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.
What it is: A leverage ratio is meant to evaluate a companyâs debt levels. The most common leverage ratios are the debt ratio and the debt-to-equity ratio. A debt ratio is simply a company's total debt divided by its total assets. The formula is: Debt Ratio = Total Debt / Total Assets.