I calculated the leverage ratios of Toyota using statistics from Yahoo Finance.
Debt-to-Equity = 205,498,000/118,470,000 = 1.735
Debt Ratio = 205,498,000/323,968,000 = .63
The company is running on about 2 times as much debt as they are equity. This would indicate that the company should issue more common stock to even out the ratio. The company’s debt ratio is pretty good. They have almost one and a half times as many assets as they have liabilities.
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