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What else can I help you with?
can I use a debt ratio calculator to see how much debt I am in ?
Not exactly, debt ratio calculators calculate your debt as a ratio to your income. You should try an outlet like www.money-zine.com/Calculators/ to find the right calculator for you.
Are debt calculators accurate?
Debt calculators are only an estimate but they are fairly accurate. They are meant to give you an idea of your debt and income ratio and what you can or cannot afford.
Which websites offer debt ratio calculators?
The Canada Mortgage and Housing Corporation's website offers a debt ratio calculator. Also, most bank's websites such as CIBC and RBC offer these calculators too.
Which websites offer a debt ratio calculator?
There are tons of debt ratio calculators online. I would check your local banking websites like Scotiabank, Bank of Montreal, and TD banks websites.
Where can I find a debt rate calculator online?
Debt ratio calculators are a great way to get out of debt. There are many places online that provide a debt ration calculator. For a free calculator, visit http://hffo.cuna.org/14260/article/316/html.
How can you control your debt ratio and debt to equity ratio?
how to control debt equity ratio
Where can one find an online debt calculator?
Online debt calculators can be found from many different websites. Some examples of online debt calculators include BankRate and You Can Deal With It.
Calculating Your Debt To Income Ratio?
Besides your credit score, another good indicator of financial health is the debt to income ratio. The debt to income ratio takes your total amount of debt and divides it by your total income. Ideally, this ratio should be less than 36%. A ratio higher than 36% may indicate that you are over leveraged and are a potential credit risk. If you need help with the math, there are a number of useful online calculators. If you want to look for your own, make sure it helps you identify debts and incomes appropriately.
What best describes a bank's Texas Ratio?
Texas Ratio FormulaTo calculate the Texas Ratio, you divide a bank's bad debt on the books by the amount of money it has to absorb the bad debt.
Solve for debt equity ratio with debt ratio of 43?
For a company, the debt ratio indicates the relationship between capital supplied by outsiders and capital supplied by shareholders. Often the debt ratio is computed as total debt (both current and long-term) divided by total assets. Thus if a company has $50,000 in debt and assets of $100,000, its debt ratio is 50%. The debt ratio is also calculated as total debt/shareholders' equity, long-term debt/shareholders' equity, and in other ways. However computed, the debt ratio provides insight into the firm's capital structure and will vary across industries. A low debt ratio isn't necessarily best: If a company can earn a greater return on debt than its cost, the firm should borrow more and raise its debt ratio -- provided the debt burden won't be crushing when business slows. Turning to consumers, the debt ratio is often shorthand for the "debt to income" ratio, i.e., an individual's monthly minimum debt payments divided by monthly gross income. The debt ratio is monitored by credit card companies and determines the consumer's ability to obtain additional credit
What is the total debt of 1233837 and total assets of 2178990 what is the firms debt to equity ratio?
Debt equity ratio = total debt / total equity debt equity ratio = 1233837 / 2178990 * 100 Debt equity ratio = 56.64%
Do I need to use a debt calculator to see if I can buy a house ?
No, you do not need a debt calculator to see if you can buy a house. Debt calculators do not exist. However, if you're referring to interest calculators, they exist online.
