Aspo Oyj (HEL:ASPO) announced on Monday that following the adoption of the new IFRS 16 standard, Aspo will change its financial target for gearing ratio
to up to 130%, as compared with its prior financial target for gearing of up to 100%.
Despite the loan, PSPC's gearing ratio
will remain the same.
All three combined denote the complete motorcycle gearing, and are referred to as the total gearing ratio
. Each gear ratio determines the level of twisting force (torque) that makes it through to the rear wheel.
Bank's size, gearing ratio
, non-performing loans (NPL) ratio, operational efficiency, asset composition, asset management, capital adequacy ratio, deposit ratio, gross domestic product (GDP), and consumer price index (CPI) are used as independent variables.
NSX-listed real estate company, Oryx properties has set a target of a 40% gearing ratio
by mid next year, the Economist has established.
"Now into its 4th year of net losses, Texchem's eroded shareholders' funds and heftier debt load are undermining the strength of its balance sheet; the Group is highly leveraged, with an adjusted gearing ratio
of 1.97 times as at end-September 2011.
The proportion of total fixed liabilities to the total capital employed is called gearing ratio
. Gearing ratio
indicates the extent to which debt financing is used relative to the total capital employed.
But the debt gearing ratio
was virtually unchanged at 21.2% and the liquidity of companies in the sector remained healthy continuing the upward trend over the past three years.
As a result of the lower debt level, SEB's adjusted gearing ratio
improved slightly to 3.44 times (FY Dec 2012: 3.71 times) while its adjusted funds from operations debt coverage (FFODC) remained relatively unchanged at 0.07 times (FY Dec 2012: 0.06 times).
As at end-December 2010, the Group's capital structure remained constrained by its hefty debt burden of MYR21.18bn, with a corresponding gearing ratio
of 2.94 times.