For a project I have due, I need help determining which of these ratios is best to determine financial performance. When doing my research, I am having trouble undertanding the difference between the 'Financial Leverage' ratio and Debt equity ratio.  Can you explain the difference to me and tell me what these mean

Entrepreneurial Finance
6th Edition
ISBN:9781337635653
Author:Leach
Publisher:Leach
Chapter14: Security Structures And Determining Enterprise Values
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For a project I have due, I need help determining which of these ratios is best to determine financial performance. When doing my research, I am having trouble undertanding the difference between the 'Financial Leverage' ratio and Debt equity ratio. 

Can you explain the difference to me and tell me what these mean

Analysis of Solvency
???????
Years
2019
2020
2021
Financial
2.65
2.44
2.37
Leverage
Debt / Equity
Ratio
.57
.56
.46
Equity Multiplier
1.57
1.56
1.46
Transcribed Image Text:Analysis of Solvency ??????? Years 2019 2020 2021 Financial 2.65 2.44 2.37 Leverage Debt / Equity Ratio .57 .56 .46 Equity Multiplier 1.57 1.56 1.46
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