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What does it mean when debt to equity is -345 percent instead of 345 percent?
Wiki User
∙ 13y ago
Probably means that your debit, negative value of whatever, is a negative percentage as compared to equity, value, in whatever.
Say you owned a home that you own free and clear and you put big bucks into it and expected it's value, equity, to be greater than the money you put in ( or the same value ) Then this crash came along and your home lost value and if you sold it you would be down - 345 percent of the equity. Bad example,but somewhat telling.
Wiki User
∙ 13y ago
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