![[trent]](/data/avatars/m/22/22278.jpg?1559318880){kind=avatar}
I was just wondering if anyone could help me out with the gearing debt to equity ratio?
In one textbook it says it's:
long term debt x 100
------------------------
shareholder's equity
...and in another it says:
total liabilities
---------------- x 100
owners' equity
...so is it long term liabilities or total liabilities...or doesn't it really matter...
In one textbook it says it's:
long term debt x 100
------------------------
shareholder's equity
...and in another it says:
total liabilities
---------------- x 100
owners' equity
...so is it long term liabilities or total liabilities...or doesn't it really matter...