Debt / Eq

Debt / equity, gross

One of the 61 measures in Stock Scorer, under Resilience — Can the balance sheet absorb a bad year?

How it is worked out

Total debt including finance leases ÷ shareholders' equity

The same comparison without netting the cash off. A company holding matched cash and debt is hedged rather than unlevered, and this is the one leverage measure where that difference shows.

How to read it

low is good. The one leverage reading that does not net out cash: a company holding matched cash and debt is hedged rather than unlevered, and this is where that shows

Which figures it needs

Computed from 5 figures taken from the filing:

• debt_long
• debt_short
• finance_lease_long
• finance_lease_short
• equity

The XBRL tags behind it

These are the element names looked for in a filing, in order. The first one a company reports is the one used, and the company page names which it was — so any figure here can be checked against the filing it came from.

• LongTermDebtAndCapitalLeaseObligations
• LongTermDebtNoncurrent
• LongTermDebt
• NotesPayableNoncurrent
• LongTermDebtAndCapitalLeaseObligationsCurrent
• LongTermDebtCurrent
• DebtCurrent
• ShortTermBorrowings
• NotesPayableCurrent
• FinanceLeaseLiabilityNoncurrent
• FinanceLeaseLiabilityCurrent
• StockholdersEquity
• StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
• EquityAttributableToOwnersOfParent
• Equity

Whether it counts

This measure is not counted by default. It can be added to Resilience on the dashboard, and it then takes its share of that dimension.