Examples of how the application of IAS 32 can impact various accounting ratios include:

1. Debt-to-equity ratio: If financial instruments that were previously classified as equity instruments are reclassified as liabilities, it may result in an increase in the company's debt-to-equity ratio.
2. Return on equity (ROE): Similarly, if equity instruments are reclassified as liabilities, it may impact the company's equity base, which could lead to a decrease in the ROE ratio.
3. Current ratio: IAS 32 requires entities to classify financial instruments as either current or non-current based on their expected maturity. If a significant portion of financial instruments are classified as non-current, it could impact the company's current ratio.
4. Interest coverage ratio: If financial instruments with high-interest rates are reclassified as liabilities, it could impact the company's ability to meet its interest obligations, potentially leading to a decrease in the interest coverage ratio.
5. Earnings per share (EPS): The classification of financial instruments as either equity or liabilities can impact the calculation of EPS. If instruments are reclassified from equity to liabilities, it could lead to a decrease in EPS.