The weight of debt is calculated by dividing total debt by the result of debt plus market value, then multiplying by 100 to get the percentage.
Formula:
Weight of debt = Total debt ÷ (Total debt + Market Cap)
The weight of equity is calculated by dividing the total market cap by the result of total debt plus total market value, then multiplying by 100 to get the percentage.
Formula:
Weight of equity = Total market cap ÷ (Total debt + Market Cap)