Leverage = Total Asset / Total Equity = DFL = DOL = DTL?

Does “Leverage” at FRA which equals Total Asset / Total Equity is the same as DFL? or DOL or DTL?

It’s none of those.

It’s quite confusing because Total Assets/Total Equity is sometime referred to as “financial leverage.” But it is different to DFL.

Welcome to the world of accounting!

Oh i see, thanks!