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

Question

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

Quizplus · Accepted Answer

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

Based on the Below Figures, What Is the Gearing Ratio