Debt-to-equity ratio On a balance sheet, the formal definition is that debt (liabilities) plus equity equals assets, or any equivalent reformulation. Both the formulas below are therefore identical: Debt to equity can also be reformulated in terms of assets or debt: General Electric Co. () Debt-to-equity ratio The debt-to-equity ratio (D/E) is a financial ratio indicating the relative proportion of shareholders' equity and debt used to finance a company's assets. Closely related to leveraging, the ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book
Bicycle gearing next higher or lower gear ratio. This term has no generally accepted meaning. Originally it referred to a gearing arrangement which had one especially low gear (for climbing Alpine passes); this low gear often had a larger than average jump to the next lowest gear. In the 1960s the term was used by salespeople to refer to then current 10-speed bicycles (2 chainrings, 5-sprocket cogset), without any regard to its original meaning. The nearest current equivalent to the original meaning can be found in the Shimano Megarange cogsets, where most of the sprockets have roughly a 15% relative difference, except