From the following Balance Sheet of ABC Ltd. as at 31st March, 2023, calculate Debt to Equity Ratio:
From the following Balance Sheet of ABC Ltd. as at 31st March 2023, calculate Debt to Equity Ratio:
| Particulars | Note. No. | ₹ |
| I. EQUITY AND LIABILITIES | ||
| 1. Shareholder’s Funds (a) Share Capital: (i) Equity Share Capital (ii) 10% Preference Share Capital (b) Reserves and Surplus |
5,00,000 |
10,00,000 |
| 2. Non-Current Liabilities Long-term Borrowings (Debentures) |
2,50,000 | |
| 3. Current Liabilities (a) Trade Payables (b) Other Current Liabilities (c) Shor-term Provisions: Provision for Tax |
4,30,000 20,000 3,00,000 |
|
| Total | 22,40,000 | |
| II. Assets | Â | |
| 1. Non-Current Assets Property, Plant and Equipment and Intangible Assets: (i) Property, Plant and Equipment (ii) Intangible Assets |
6,40,000 1,00,000 |
|
| 2. Current Assets (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents |
7,50,000 6,40,000 1,10,000 |
|
| Â | 22,40,000 |
[Ans.: Debt to Equity Ratio = 0.2 : 1.]
Anurag Pathak Changed status to publish August 14, 2023
