From the following information related to Naveen Ltd. calculate
Total Assets to Debt Ratio
Information: Fixed Assets Rs 75,00,000; Current Assets Rs 40,00,000; Current Liabilities Rs 27,00,000; 12% Debentures Rs 80,00,000 and Net Profit before Interest, Tax and Dividend Rs 14,50,000.
2) Total Assets to Debt to Ratio:
Total Assets to Debit Ratio = Total Assets/ Debts
Total Assets to Debt Ratio = Total Assets/ Debt
Total Assets = Fixed Assets + Current Assets
=75,00,000 + 40,00,000 = 1,15,00,000
Debt = 80,00,000
Total Assets to Debt Ratio = (1,15,00,000/80,00,000) = 1.44