Source: International Monetary Fund
Release: Financial Soundness Indicators
This series is calculated by using debt as the numerator and capital and reserves as the denominator. It is a measure of corporate leverage the extent to which activities are financed out of own funds.
International Monetary Fund, Total Debt to Equity for Spain [TOTDTEESA163N], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/TOTDTEESA163N, August 13, 2020.