Metrics similar to Total Debt/Total Capital in the popular category include:
Cash Flow to Current Liabilities - A ratio that measures the amount of operating cash flow a firm generates on each dollar of current liabilities.
Cash Flow / Total Debt - A ratio used in two ways - a) to measure cash flow coverage and b) the inverse ratio to estimate the length of time needed to pay off debts.
Net Debt / Equity - A ratio that measures the level of the net debt relative to the book value of common equity. This ratio is also called net gearing ratio.
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