Gearing` describes the level of company debts, expressed as a percentage of its equity capital. So a company with a gearing ratio of 60% has levels of borrowing which are 60% of its equity capital. The significance of the gearing ratio is that it shows at a glance how much a company is borrowing and allow you to measure that against your own risk criteria. For investment trusts, borrowings can boost the return on capital and income via the ability to make additional investments. Also known as leverage, particularly in the US. 2. Instead of buying ordinary shares in a company you can buy derivatives, such as warrants, and contracts for difference. Any movement in the ordinary share price will be exaggerated by the derivative. The degree of this increased exposure is called gearing....
Financial leverage. Found on http://www.encyclo.co.uk/local/20047
Is a measure of exposure. It relates the number of warrants that can be purchased for the same price of the stock. For example, if the stock is trading at 150 and the warrants are trading at 30, then the gearing is 5.00 or 5-to-1. Found on http://www.oasismanagement.com/glossary/
A measure of indebtedness, i.e. the extent of borrowing as against the equity held by a person or company in an asset. The ability to increase exposure by investing in futures contracts without making the underlying cash available. See also Leverage.
Found on http://www.encyclo.co.uk/local/20174
A company's debts expressed as a percentage of its equity capital. Found on http://www.exchange-handbook.co.uk/index.cfm?section=glossary&first_letter=
a. From an accounting point of view, the amount of a company's total borrowings divided by its share capital. High gearing means a proportionately large amount of debt that may be considered to be more risky. b. In investment analysis, a highly-geared company is one where small changes in underlying conditions produce big swings in profits. Gearing...Found on http://www.encyclo.co.uk/local/20211
- wheelwork consisting of a connected set of rotating gears by which force is transmitted or motion or torque is changedFound on http://www.webdictionary.co.uk/definition.php?query=gearing
gearing = debt / equity or gearing = debt / debt + equity Businesses will analyse their weighted average cost of capital to determine what is the optimum ratio of debt and equity. However shareholders will prefer the percentage of equity to be considerably greater than the percentage of debt. This is because any increase in profits will then be att...Found on http://www.encyclo.co.uk/local/20416
Accounting ratio of money borrowed compared with unencumbered capital. A company is said to be highly geared if a high proportion of their working capital is borrowed rather than invested.Found on http://www.encyclo.co.uk/local/20460
is the Group`s net debt as a percentage of net assets.
Found on http://www.encyclo.co.uk/local/20554
A company's debts expressed as a percentage of its equity capital. High gearing means debts are high in relation to equity capital.
Found on http://www.encyclo.co.uk/local/20606
The most common use of the term 'gearing' is to describe the level of a company's debt compared... <a target=_blank href='http://www.finance-glossary.com/terms/gearing.htm?id=614&ginPtrCode=00000&PopupMode=false' title='Read full definition of gearing'>more</a>
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Measures the extent to which a company is funded by debt....more on GearingFound on http://moneyterms.co.uk/d/
Relationship between company funding that bears a fixed interest charge, such as debentures, and preference shares to its equity or ordinary share capital. When the proportion of long-term fixed...Found on http://www.encyclo.co.uk/local/20688
Destroyer DD class ship [US]
Found on http://www.jedsite.info/index.html
Measure of the extent to which a company is funded by borrowings rather than shareholders` equity. A highly geared company carries a lot of debt. Known in the US as leverageFound on http://www.aviva.com/glossary/
The amount borrowed as a proportion of the amount invested. The greater the borrowing, the greater the gearing (and the risk).
Found on http://www.encyclo.co.uk/local/20912
Gearing is a feature of leveraged instruments such as covered warrants, options and futures. In an option, by investing a small amount called the option premium, investors can multiply their gains since returns are magnified.Found on http://www.londonstockexchange.com/global/glossary/g.htm
Measure of the degree to which a business is funded bydebt rather than shareholders' equity. The US expression for the samething is leverage. A highly geared company carries a lot of debt.Found on http://www.ft.com/Common/HelpPages/tools.help.glossaryg.html
Gear'ing noun 1.
Harness. 2. (Machinery)
The parts by which motion imparted to one portion of an engine or machine is transmitted to another, considered collectively; as, the valve gearing
of locomotive engine; belt gearing
; esp., a train of wheels for transmittin...Found on http://www.encyclo.co.uk/webster/G/15
1. Harness. ... 2. <machinery> The parts by which motion imparted to one portion of an engine or machine is transmitted to another, considered collectively; as, the valve gearing of locomotive engine; belt gearing; especially, a train of wheels for transmitting and varying motion in machinery. Frictional gearing. See Frictional. Gearing chain...Found on http://www.encyclo.co.uk/local/20973
gear 2 geartrain noun
wheelwork consisting of a connected set of rotating gears by which force is transmitted or motion or torque is changed; `the fool got his tie caught in the geartrain`Found on http://wordnetweb.princeton.edu/perl/webwn?s=gearing
Financial leverage.Found on http://www.duke.edu/~charvey/Classes/wpg/bfglosg.htm
• (n.) Harness. • (p. pr. & vb. n.) of Gear • (n.) The parts by which motion imparted to one portion of an engine or machine is transmitted to another, considered collectively; as, the valve gearing of locomotive engine; belt gearing; esp., a train of wheels for transmitting and varying motion in machinery.Gearing: words in the defin...Found on http://thinkexist.com/dictionary/meaning/gearing/
Ratio calculated by the price of the underlying divided by the price of the call or warrant. Discover What It`s Like to Live Easy With EquiTrendFound on http://www.equitrend.com/glossary1582.xhtml
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