Hi all this is my first post.
Im currently looking at a company, Billabong. I have used all my metrics and i stumbled across Total Debt/Equity on the Balance sheet in the stats of this website
It says 61.74. For me that's a problem as I Dont like company's with alot of debt. So i decided that i will do the calculations myself as it didn't seem right. When i tried to do i got something like 0.87. Im really confused would really appreciate some help.
Here is is the balance sheet if you want to do it manually.