Question: Analyze its financial performance and make relevant comments on each section regarding how this performance is doing financially: 2 Long term Solvency &Financial Levrage 2019
Analyze its financial performance and make relevant comments on each section regarding how this performance is doing financially:
| 2 | Long term Solvency &Financial Levrage | 2019 | 2018 | ||||||||||
| Debt ratio | Total Debt | 257 | 0.327518146 | 241 | 0.298869144 | ||||||||
| Total Assets | 785 | 805 | |||||||||||
| Equity Ratio | Equity | 528 | 0.672481854 | 564 | 0.701130856 | ||||||||
| Total Assets | 785 | 805 | |||||||||||
| Debt Equity Ratio | Total Debt | 257 | 0.487028972 | 241 | 0.426267281 | ||||||||
| Total Equity | 528 | 564 | |||||||||||
| Times Interest Earned ratio | Income Before Interest & Taxes | 136 | -40.02941176 | 122 | -38.25 | ||||||||
| Interest | (3) | (3) | |||||||||||
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