Given the following Year $12$ balance sheet data for a footwear company:

Balance Sheet Data

Cash on Hand $ $10,000$

Total Current Assets $120,000$

Total Fixed Assets $240,000$

Total Assets $$360,000$

Accounts Payable $ $22,000$

Overdraft Loan Payable $0$

$1-$Year Bank Loan Payable $5,000$

Current Portion of Long$-$Term Bank Loans $15,000$

Total Current Liabilities $42,000$

Long$-$Term Bank Loans Outstanding $108,000$

Total Liabilities $150,000$

Shareholder Equity: Year $11$

Balance Year $12$

Change

Common Stock $20,000020,000$

Additional Capital $110,0000110,000$

Retained Earnings $60,00020,00080,000$

Total Shareholder Equity $190,000+20,000210,000$

Total Liabilities and Shareholder Equity $$360,000$

Based on the above figures and the definition of the debt$-$assets ratio presented in the Help section for p$.5$ of the Footwear Industry Report, the company's debt$-$assets ratio $($rounded to $2$ decimal places$)$ is