Hi sir,
may i know how to get 37.6 in 2014 under gearing, solvency?
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high k co - gearing ratio
6y ago#1In future please tell me which exam the question is from (or which question in the BPP Revision Kit)!
The non-current liabilities are $1,706M. The market value of the equity is 800M x $3.54 = $2,832M.
Therefore the gearing is 1,706 / (2,832 + 1,706) = 37.6%
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