[solved]Digby has a leverage of 1.81 This means that
Digby has a leverage of 1.81 This means that: (Assume leverage is calculated as Assets/Equity)
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$1.81 of assets is funded with $1.00 of equity and $0.81 of debt.
$1.81 of assets is funded with $1.00 of debt and $0.81 of equity.
Assets are funded with 81% debt.
Assets are funded with 81% equity.
