Debt/equity ratio for a healthcare company, Pfizer
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If a company (healthcare) is publicly traded, review the company's most recent audited balance sheet and calculate its debt/equity ratio. If the company is not public, choose a public company in healthcare or any other industry and calculate its most recent debt/equity ratio.
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Solution Summary
This provides the steps to calculate the debt/equity ratio for a healthcare company, Pfizer
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Debt to equity ratio= Debt /Equity
I have taken the example of Pfizer Inc.
I will take long term debt, Hence Debt= $7314 mn
Equity= $65010 mn
Hence the ratio= 7314/65010
=0.11 ...
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