Describe your familiarity with debt-to-equity ratios. What would you consider a good debt-to-equity ratio?

"Simply put, the debt-to-equity ratio is found on a company's balance sheet with two simple figures - their total liabilities and shareholder equity. Financial and banking industries often have to consider debt-to-equity ratios higher than 2.0 common and acceptable because of the large amounts of loaned money and high financial leverage by those institutions. Ratios lower than 1.0 are desirable and considered firm and financially stable. Any time I've worked with ratios exceeding 1.0, I've surveyed the organization to determine their overall risk and hopefully provide a win-win situation."

This question tests your basic understanding of calculating a debt-to-equity ratio, why it's used, and the ratio's importance for debt financing. Share your familiarity across multiple industries and the ratio for each industry. Go deeper by sharing your observations on what is considered reasonable across industries.