Free Debt-to-Equity Ratio Calculator

Calculate the debt-to-equity ratio to understand how a company finances its operations through debt versus shareholder equity.

USD
USD

Debt-to-Equity Ratio

0.67

Equity as % of Total Capital60.00%
Debt as % of Total Capital40.00%

Debt-to-Equity Ratio vs Total Debt (Liabilities)

How to Calculate Debt-to-Equity Ratio

Formula

Debt-to-Equity Ratio = Total Liabilities / Total Shareholder Equity

This ratio reveals how much of the company is funded by borrowed money relative to owner investment. A D/E of 1.0 means equal parts debt and equity. Higher values indicate greater financial leverage, which amplifies both gains and losses. Lenders and investors watch this ratio closely when assessing creditworthiness.

Example Calculation

A company carries $400,000 in total debt and $600,000 in shareholder equity.

  1. 01D/E Ratio = $400,000 / $600,000 = 0.67
  2. 02Equity portion = $600,000 / $1,000,000 = 60%
  3. 03Debt portion = $400,000 / $1,000,000 = 40%
  4. 04The company uses $0.67 of debt for every $1 of equity.

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