JerBouma/FinanceToolkit

[Bugs] small error in get_interest_debt_per_share(..)

arbitrage-technology opened this issue · 2 comments

get_interest_debt_per_share(
interest_expense: pd.Series,
total_debt: pd.Series,
shares_outstanding: pd.Series,
) -> pd.Series:

return (interest_expense / total_debt) * shares_outstanding

i think its return interest_expense / shares_outstanding

What you are referring to is the interest per share ratio. The interest debt per share relates to how much interest a company pays on its debt relative to its shareholder base.

thank you for your fast reply,

ok, sorry for the misunderstanding.