Net Debt to Equity is a ratio that shows the amount of debt your company has compared to the amount of equity it has.
The debt to equity ratio is calculated by dividing your company's total debt by its total equity.
A high debt to equity ratio is not necessarily a bad thing, but it does indicate that your company is taking on a lot of debt to finance its operations.
In order to calculate your debt to equity ratio, you need to know your company's total debt and total equity.
It can be difficult to calculate Net Debt to Equity directly inside of Google BigQuery; that's where Causal comes in.
Causal is a modelling tool which lets you build models on top of your Google BigQuery data. You simply connect Causal to your Google BigQuery account, and then you can build formulae in Causal to calculate your Net Debt to Equity.
Causal lets you build models effortlessly and share them with interactive, visual dashboards that everyone will understand.
In Causal, you build your models out of variables, which you can then link together in simple plain-English formulae to calculate metrics like Net Debt to Equity. This makes your models easy to understand and quick to build, so you can spend minutes, not days, on your models.
When you're done, you can share the link to your model with stakeholders. They'll be able to view your model's outputs in a visual dashboard, rather than a jumble of tabs and complex formulae. The dashboards are interactive, letting viewers tweak your assumptions to see how they affect the model's outputs.
Causal lets you add visuals in a single click, letting you plot out graphs and distributions for metrics like Net Debt to Equity.