Latest represents the most recent fiscal year's total book debt divided by the most recent month's total capital. Average represents the summation of total book debt over the previous five fiscal year period divided by a summation of total capital over the previous five year period.
Total capital is equal to total book debt plus total equity capitalization.
Total equity capitalization in the latest figure represents the most recent month's closing stock price multiplied by the most recently available shares outstanding. Latest debt to market value of equity represents the most recent fiscal year's total book debt divided by the most recent month's equity capitalization. Average debt to market value of equity represents the summation of total book debt over the previous five year period divided by a summation of total equity capitalization over the previous five year period. Total equity capitalization in the latest figure represents the most recent month's closing stock price multiplied by the most recently available shares outstanding.