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gearing meaning in oil and gas
gearing means gearing. Proportion of total finance debt or borrowings in relation to shareholders’ funds. Commonly measured by the debt equity ratio. Known as financial leverage in US terminology. a major oil and gas…
Definition
gearing
Proportion of total finance debt or borrowings in relation to shareholders’ funds. Commonly measured by the debt equity ratio. Known as financial leverage in US terminology. a major oil and gas company typically refers to the debt-equity ratio as being the ratio of debt to the sum of debt plus equity.