Glow Corporation provides annual and quarterly financial data to the public. For the years of 2018 and 2019, Glow's financial data included the following account balances:
____________________________________________ 2019 _____________ 2018
Total liabilities .......................................... $1,390,000 ................ $988,000
Common stock ($25 par) ................................. 270,000 ................... 235,000
Paid-in capital in excess of par-common stock ...... 155,000 ................... 140,000
Retained earnings .......................................... 167,000 ................... 152,000
Required:
Determine whether the debt to equity ratio is increasing or decreasing and whether Glow should be concerned.