Debt ratio

Calculated by dividing liabilities by total assets. Together with the equity ratio it adds to a hundred per cent: they are two views of the same side of the balance sheet.

Above a hundred per cent means negative equity — liabilities exceed assets. For a public company, Maltese law attaches a duty to that situation: article 104(1) of the Companies Act gives the directors thirty days to call a general meeting once net assets fall to half or less of called-up issued share capital.

Overit calculates this from the published figures.