Debt Management

$202220212020$

 $100,096,208,329104,302,576,872104,306,823,092$ 

 $115,472,062,681121,739,494,383122,779,741,521$ 

Debt to equity ratio $0\mathrm{.}870\mathrm{.}860\mathrm{.}85$

The debt to equity ratio has been increasing slightly over the three years, indicating a higher reliance on debt financing compared to equity.

$202220212020$

 $26,512,977,63332,413,402,49440,911,531,616$ 

 $41,888,831,98549,850,320,00559,384,450,045$ 

Long Term Debt Capitalization Ratio $0\mathrm{.}630\mathrm{.}650\mathrm{.}69$

Profitability Ratios

$202220212020$

 $7,292,982,7569,851,351,24310,249,940,789$ 

 $16,926,761,31017,510,572,53815,892,057,474$ 

Gross Margin Percentage $0\mathrm{.}430\mathrm{.}560\mathrm{.}64$

Answer rating: 100% (QA)

Based on the provided information here are the interpretations of the financial ratios Debt to equit... View the full answer