Question

As Reported Annual Balance Sheet
Report Date	10/31/2011
Currency	USD
Audit Status	Not Qualified
Consolidated	Yes
Scale	Thousands
Cash & cash equivalents	80,886
Customer receivables, gross	144,364
Less: allowance for doubtful accounts	1,964
Customers receivables, net	142,400
Other receivables, net	5,740
Total receivables, net	148,140
Inventories, net	223,030
Prepaid expenses & other current assets	18,303
Deferred income taxes	62,523
Total current assets	532,882
Land & land improvements	26,776
Buildings & leasehold improvements	129,252
Machinery & equipment	434,796
Computer hardware & software	63,826
Property, plant & equipment, gross	654,650
Less: accumulated depreciation	463,510
Property, plant & equipment, net	191,140
Deferred income taxes	-
Other assets	19,075
Goodwill	92,020
Other intangible assets, net	35,546
Total assets	870,663
Current portion of long-term debt	1,978
Short-term debt	41
Accounts payable	118,036
Other accrued liabilities	53,560
Total current liabilities	359,080
Debentures	100,000
Senior notes	123,420
Senior unsecured debt	-
Other long-term debt	3,736
Total long-term debt	227,156
Less current portion	1,978
Long-term debt, less current portion	225,178
Deferred revenue	10,619
Long-term deferred income taxes	1,368
Other long-term liabilities	7,651
Deferred revenue & other long-term liabilities	-
Common stock	29,603
Retained earnings (accumulated deficit)	243,990
Accumulated comprehensive income (loss)	(6,826)
Total stockholders' equity (deficit)	266,767

What is the debt to equity ratio (not long-term debt to equity)?

Answer 1

Debt to equity ratio = Total Liabilities / Shareholders equity
= (359080+225178+10619+1368+7651)/266767
=$603896/266767
2.263758