What will be the debt-equity ratio if the following information is available of the company?

0.71:1

Debt-Equity Ratio = Debts/ Equity
                              = 1700000/ 2400000
                              = 0.71:1

* Long term debts = Debentures + loan from bank
                            = 1000000 + 700000
                             = ₹1700000

* Equity = Equity share capital +  general reserve - profit and loss balance(negative balance)
             = 1500000 +1000000 - 100000   
             = ₹2400000