1) Financial ratio 
For example, a company with $2 million in total assets and $500,000 in total liabilities would have a debt ratio of 25%. The higher the ratio, the greater risk will be associated with the firm`s operation. In addition, high debt to assets ratio may indicate low borrowing capacity of a firm, which in turn will lower the firm`s financial flexibili.....
Total debt divided by total assets.
Total debt divided by total assets. 
The market for trading debt instruments.
The debt ratio is a financial, liquidity ratio that compares a company?s total liabilities to its total assets. The debt ratio is one of the simplest and most common liquidity ratios. The debt ratio measures how many assets a company must sell in order to pay off all of its liabilities. Companies with high debt ratios are know as highly leveraged c...