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how do I figure out the interest bearing debt ratio? (Calculating debt ratio) We

ID: 2742199 • Letter: H

Question

how do I figure out the interest bearing debt ratio?

(Calculating debt ratio) Webb Solutions. Inc. has the following financial structure: Compute Webb's debt ratio and interest-bearing debt ratio. If the market value of Webb's equity is $2.011.000 and the value of the firm's debt is equal to its book value, assuming excess cash is zero, what is the debt -to - enterprise - value ratio for Webb? If you were a bank loan officer who was analyzing whether or not to loan more money to Webb, which of the ratios calculated in parts a and b is most relevant to your analysis? Webb's debt ratio is 74.3 %. (Round to one decimal place.) Webb's interest-bearing debt ratio is %. (Round to one decimal place.)

Explanation / Answer

Interest bearing debt = Short term debt + long term debt = 236+749 = 985

Interest bearing debt ratio = Interest bearing debt / equity = 985/522 = 1.89