New licenses are not automatically issued for name and/or address changes. To receive a license with your new name and/or address, you must submit $10.00 per license with your request. Duplicate licenses can be paid for online at www.michigan.gov/elicense.
Gearing ratio indicates the extent to which debt financing is used relative to the total capital employed. 8 million, with the equity ratio standing at 40%, up from 35%, and the gearing ratio at 36%, up from 29%.
What is a Key Ratio? â¢ A Key Ratio is a number, expressed in percentages, that is used as a guideline to measure Credit Union Performance. â¢ Financial Soundness, Risk, and Strategic Direction of the Credit Union can be measured by ratios. â¢ Ratio computation and utilization may be different for each Credit Union.