HA516-Healthcare Finance
Exhibit 4.1 data: Sunnyvale’s debt ratio at the end of 2015 was total debt (liabilities) divided by total assets = $100,747,000 ÷ $154,815,000 = 0.65 = 65%. This ratio reveals that each dollar of assets was financed by 65 cents of debt and, by inference, 35 cents of equity. Sunnyvale’s debt ratio at the end […]
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