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Glossary · Reading the business

Debt-to-equity ratio

In short

This financial ratio compares a company's total liabilities to its shareholder equity. It indicates how much debt a business uses to finance its assets relative to the value provided by owners.

What it means in a deal

Lenders use the debt-to-equity ratio to assess a business's financial leverage and risk. A high ratio might indicate overleverage, making it harder to get an SBA loan. For an acquisition, they'll calculate this ratio for the pro forma business, including the new SBA loan and your equity injection, to ensure it meets prudent lending standards.

Official sources

SOP 50 10 — Lender and Development Company Loan Programs

U.S. Small Business Administration · SBA Standard Operating Procedure

Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.

Common questions about Debt-to-equity ratio

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Defined by CapBench SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.

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