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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%.
Therefore, different accounting books give different ratio formulas for calculating gearing. Gearing is an important concept to understand, because a high level of debt can strain your company's financial resources. Gearing Ratio -- Example 1 Gearing ratio calculations vary with the purpose of the calculation.