//temp lines for clearing console erros
$variable = $_SERVER['REQUEST_URI'];
if (str_contains($variable, '/page/')) {
$variable = substr($variable, 0, strpos($variable, "page/"));
header('Location:' . $variable);
}
?>
BusinessDay
July 15, 2022
The above chart shows how Nigeria’s consumer goods firms are financing their operations through debt or equity, which can be calculated using the debt to equity ratio.
A higher debt to equity ratio means the company is aggressive in financing its growth through debt, although this could mean that the company could potentially generate more earnings than it would have without that financing.
