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From Investopedia: Capital is an extremely vague term and its specific definition depends on the context in which it is used. In general, it refers to financial resources available for use.

I like to think of capital (generally) in two ways: 1.) Capital is the total assets of the firm (ie. liabilities + equity), or 2.) Capital as (debt + equity), or a firm's "capital struture."

The different capitalization ratios help you to analyze different components of "capital."

Good luck!

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