How do you measure the burden of debt at a corporation? The traditional way is to compare debt to stockholders’ equity. But that doesn’t work well in a world of intangible assets. Better: compare debt ...

Exxon and Chevron have strong balance sheets with low leverage ratios. Exxon has a much bigger cash position, pushing its net leverage ratio well below Chevron's level. That gives it a lot more ...

Public-sector debt to GDP ratios have generally risen substantially over the past couple of decades. Looking at the world’s 10 largest economies, all except Germany have seen their public debt to GDP ...