Is text to code ratio relevant for SEO?

• The short answer is: no. There is no such metric or signal or anything, what would Google measure.
• The long answer is: ...yes! How? Optimizing text to code ratio to the benefit of text, we reduce the code rate. Less code generally effects less page loading time. And this is very well a measurable signal, evaluated by Google and influencing a rank.

So what now? Text to code ration as measurable number isn't relevant for SEO in no way. But it does matter as a first symptom of possible loading time issues, related to dispensable code inside of web document. How to reduce the website code amount?
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