highly-geared company

/ˌhaɪli gɪəd 'kʌmp(ə)ni/ noun
company which has a high proportion of its funds from fixed-interest borrowings

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • highly geared — ˌhighly ˈgeared , ˌhighly ˈleveraged adjective FINANCE 1. having a lot of debt in relation to Share This is important when considering the cost of repaying debt in relation to paying dividend S to shareholder …   Financial and business terms

  • highly geared — (of a company or its capital) having a high ratio of borrowing in relation to owners capital, or of debt to equity • • • Main Entry: ↑gear …   Useful english dictionary

  • gearing — capital gearing; = equity gearing; = financial gearing; = leverage The relationship between the funds provided to a company by ordinary share holders and the long term funds with a fixed interest charge, such as debentures and preference shares.… …   Accounting dictionary

  • debt–equity ratio — A ratio used to examine the financial structure or gearing (leverage) of a business. The long term debt, normally including preference shares, of a business is expressed as a percentage of its equity. A business may have entered into an agreement …   Accounting dictionary

  • interest cover — fixed charge–coverage ratio A ratio showing the number of times interest charges are covered by earnings before interest and tax. For example, a company with interest charges of £12 million and earnings before interest and tax of £36 million… …   Accounting dictionary

  • interest cover — fixed charge coverage ratio A ratio showing the number of times interest charges are covered by earnings before interest and tax (see EBIT). For example, a company with interest charges of £12 million and earnings before interest and tax of £36… …   Big dictionary of business and management

  • gearing — Also known as the debt/equity ratio or leverage. The ratio of debt (borrowings) to shareholder funds (broadly, share capital and retained profits), often expressed as a percentage or ratio. It is often used as a measure of the risk attached to a… …   Law dictionary

  • unbundling —    asset stripping    The word chosen by those who successfully attacked the British conglomerate British American Tobacco Company:     This would be a highly geared company. Our purpose is unbundling, and the proceeds would be used immediately… …   How not to say what you mean: A dictionary of euphemisms

  • leveraged — lev‧er‧aged [ˈliːvərɪdʒd ǁ ˈle , ˈliː ] adjective FINANCE 1. a leveraged company is financed by a high level of borrowing in relation to its share capital (= the money it has from selling its shares ) : • The company is profitable even though it… …   Financial and business terms

  • Court Line — (Aviation) IATA OU ICAO Callsign Founded 1957 (as Argus Air Transport) Ceased operations 1974 …   Wikipedia

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