This ratio is calculated by dividing (short-term debt plus long-term debt) by (short-term debt plus long-term debt plus equity). Based on the data shown on page 70 of their 2015 financials. Total long-term debt = $2,159 million Total equity = $4,076 million Financial risk = $2,159 / (2,159 + 4,076) million = 34, 63% 34.63% of Tyco International Plc's capital structure is debt. 4. Does the company have preferred stock? Based on the consolidated statement of equity, year ended September 2015, on page 71, as shown in the statement, there are no preferred shares.5. What is the company's capital structure: short-term portion of long-term debt, long-term debt, preferred stock (if any), and market value of issued and outstanding common stock? To calculate the market value of Tyco common shares issued and outstanding, I used the following data: Number of Tyco shares outstanding = 422,755,899 Share price as of November 6, 2015 = $37.02 Total market value = $15,650,423,381 The following information summarizes the information presented in the financial statements: 6. What is the current reality of the company