While using total debt in the numerator of the debt-to-equity ratio is common, a more revealing method would use net debt, or total debt minus cash in cash and cash equivalents the company holds.

Debt-to-Equity Ratio Definition: A measure of the extent to which a firm's capital is provided by owners or lenders, calculated by dividing debt by equity. Also, a measure of a company's ability ...

Important ratios used to analyze capital structure include the debt ratio ... is expressed as a formula, capital structure equals debt obligations plus total shareholders' equity: Capital ...

Investopedia / Crea Taylor The debt-to-capital ratio is a financial leverage ratio, similar to the debt-to-equity (D/E) ratio. It compares a company's total debt to its total capital, which is ...