Debt Ratio

Has Calculator

What it means

Total Liabilities ÷ Total Assets — how much of the company is financed by debt.

Why it matters

Shows leverage risk. High debt = high fixed costs and fragility.

How to calculate — with Cawan's Shoes

Cawan's Shoes: $350M / $600M = 0.58 or 58%.

What's at stake if you ignore this

Too high: rating downgrade, higher interest. Too low: under-leveraged, missing tax shield.