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12#
发表于 2011-7-13 13:30
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janakisiri clarified this somewhere else.
If Debt ratio = 0.25, then D/E = 0.25/0.75 = 1/3
If Debt ratio = 0.30, then D/E = 0.3/0.7 = 0.429
If Debt ratio = 0.5, then D/E = 0.5/0.5 = 1.0
If Debt ratio = 0.95, then D/E = 0.95/0.05 = 19
etc
If D/E = 0.25/0.75, then Debt ratio = 0.25
If D/E = 25/75, then Debt ratio = 0.25
If D/E = 40/60, then Debt ratio = 0.40 |
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