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If your debt to equity ratio is 0.6, that means for every 1 unit of debt you have 1/0.6 = 1.666* units of equity.
That means your debt + equity = 1 + 1.666* = 2.666*
So from that we can work out the relevant weightings for the WACC calculation as follows:
Debt = 1/2.666*= 0.375
Equity = 1.666*/2.666* = 0.625 or of course it can also be calculated as 1 – 0.375 = 0.625
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