There is no definite answer to this question since whether or not a debt ratio is good is highly dependent on the context that it is being analysed in, such as the industry that the company is in.
However, i personally feel that a rough gauge of a good debt ratio would be between 0.3 and 0.6.
Hello!
There is no definite answer to this question since whether or not a debt ratio is good is highly dependent on the context that it is being analysed in, such as the industry that the company is in.
However, i personally feel that a rough gauge of a good debt ratio would be between 0.3 and 0.6.
Hope this helps!