58 :- From the following information, calculate Total Assets to Debt Ratio :
Solution :-
Total Assets = [Fixed Assets (Gross) – Accumulated Depreciation] + Non – Current Investment + Long – term Loans and Advances + Current Assets
= [6,00,000 – 1,00,000] + 10,000 + 40,000 + 2,50,000
= Rs 8,00,000
Debt = Long term Borrowings + Long term Provisions
= 3,00,000 + 1,00,000
= Rs 4,00,000
Total Assets to Debt Ratio = Total Assets/Debt
= 8,00,000/4,00,000
= 2 : 1