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.
The debt to equity ratio is a calculation used to assess the capital structure of a business. In simple terms, it's a way to examine how a company uses different sources of funding to pay for its operations. The ratio measures the proportion of assets that are funded by debt to those funded by equity. The debt to equity ratio is also called the risk ratio or leverage ratio.