Leverage Ratio
The leverage ratio is a financial metric that measures a company's debt relative to its equity. It is calculated by dividing the company's total debt by its total equity. It shows how much debt the company is using to finance its operations compared to the amount of equity held by shareholders. A high leverage ratio means that the company has a lot of debt relative to equity, which can indicate higher financial risk. A low leverage ratio, on the other hand, indicates that the company has relatively more equity and less debt, which can be a positive sign for investors.
Additional Details
| Metric Name |
Type |
Default Period Type |
| leverage_ratio |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
number |
float |