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ADVFN HomeHelpFinancialsDeeper AnalysisFINANCIAL RATIOS - Leverage RatiosNet Gearing
FINANCIAL RATIOS - Leverage Ratios
  Debt Ratio
  Debt-to-Equity Ratio
  Debt-to-Equity Ratio (excl. Intangibles)
  Debt-to-Equity Market Value
  Net Gearing
  Net Gearing (excl. Intangibles)
  Gross Gearing (excl. Intangibles)
  Gearing Under 1 Year
  Gearing Under 1 Year (excl. Intangibles)
  Assets/Equity
  Cash/Equity

Net Gearing

Net Gearing, is the Total Debt net of cash & equivalents as a percentage of the Total of Shareholders' funds and Debt funds. The calculation is the following:

= [(creditors,short + creditors,long + creditors,other + subordinated loans + insurance funds - cash & equivalents) / (ord cap,reserves + prefs,minorities + creditors,short + creditors,long + creditors,other + subordinated loans + insurance funds)] * 100

= [(TOTAL LIABILITIES - cash & equivalents) / TOTAL ASSETS] * 100