You have touched upon a subject, senor canon, observed the curate here, that has awakened an old enmity I have against the plays in vogue at the present day, quite as strong as that which I bear to the books of chivalry; for while the drama, according to Tully, should be the mirror of human life, the model of manners, and the image of the truth, those which are presented now-a-days are mirrors of nonsense, models of folly, and images of lewdness.
Financial gearing definition and usage. Financial gearing refers to the relative proportions of debt and equity that a company uses to support its operations. This information can be used to evaluate the risk of failure of a business. When there is a high proportion of debt to equity, a business is said to be highly geared. The formula used for ...
The gearing ratio measures the proportion of a company's borrowed funds to its equity. The ratio indicates the financial risk to which a business is subjected, since excessive debt can lead to financial difficulties.A high gearing ratio represents a high proportion of debt to equity, and a low gearing ratio represents a low proportion of debt to equity.This ratio is similar to the debt to equity ratio, except that there are a number of variations on the gearing ratio formula that can yield slightly different results.A high gearing ratio is indicative of a great deal of leverage, where a company is using debt to pay for its continuing operations.nother variation on the gearing ratio is the long-term debt to equity ratio; it is not especially useful when a company has a large amount of short-term debt (which is especially common when no lenders are willing to commit to a long-term lending arrangement).