Net Gearing definition
Net Gearing means the ratio of the total net borrowings to average shareholders’ funds.
Net Gearing means the ratio of Net Borrowings to the Shareholders’ Equity.
Net Gearing means the ratio of net borrowings to shareholders’ funds. “Net borrowings” means the aggregate amount of liabilities arising from borrowings from banks and financial institutions, net of cash and fixed deposit balances. “Shareholders’ funds” means the amount represented by the aggregate of the issued and paid-up ordinary share capital and reserves.
Examples of Net Gearing in a sentence
The Net Gearing Ratio is computed as (total liabilities excluding taxes - cash and cash equivalents) / (equity attributable to owners of GEAR + total liabilities excluding taxes - cash and cash equivalents).
The Company shall, when it delivers consolidated accounts of the Group in accordance with Clause 17.3 (a) and (b) (Financial Information), also deliver a certificate as to the Net Gearing Percentage evidenced by those accounts.
More Definitions of Net Gearing
Net Gearing means net debt divided by the total assets of the KIT Group.