Based on the below figures, what is the gearing ratio?
$\begin{array}{ll}
& £ 000 \
\text {Current assets } &15,000 \
\text {Non-current assets } &35,000 \
\text {Non-current liability borrowings } &18,000 \
\text {Equity } &20,000 \
\text {Current portion of long-term borrowings } &2,000 \
\text {Other non-current and current liabilities } &10,000
\end{array}$

Question

Based on the below figures, what is the gearing ratio?
$\begin{array}{ll}
& £ 000 \
 \text {Current assets } &15,000 \
 \text {Non-current assets } &35,000 \
 \text {Non-current liability borrowings } &18,000 \
 \text {Equity } &20,000 \
 \text {Current portion of long-term borrowings } &2,000 \
 \text {Other non-current and current liabilities } &10,000
\end{array}$

Quizplus · Accepted Answer

The Answer of Based on the below figures, what is the gearing ratio?
$\begin{array}{ll}
& £ 000 \
 \text {Current assets } &15,000 \
 \text {Non-current assets } &35,000 \
 \text {Non-current liability borrowings } &18,000 \
 \text {Equity } &20,000 \
 \text {Current portion of long-term borrowings } &2,000 \
 \text {Other non-current and current liabilities } &10,000
\end{array}$

Based on the Below Figures, What Is the Gearing Ratio