The North Melbourne Manufacturing Company Ltd belongs to the Capital Goods industry group under the Industrials sector. Identify three firms that belong to the same industry group listed on the ASX, observe their debt ratios over the last five years, and determine whether the company is under or over-leveraged relative to its peers

(hint: you may use the following link https://www.listcorp.com/asx/sectors/industrials/capital-goods to find out the peerfirms. To find out the historical financial information, you may use a database such as DatAnalysis Premium that can be accessed from Library's website or download the financial statements from the company's website).

Answer rating: 100% (QA)

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