Glossary entry (derived from question below)
English term or phrase:
ungeared balance sheet
English answer:
basic, standard, simplified balance sheet
Added to glossary by
Empty Whiskey Glass
Mar 22, 2004 12:17
20 yrs ago
2 viewers *
English term
ungeared balance sheet
English
Bus/Financial
Finance (general)
What does ungeared mean here?
Responses
4 +1 | showing only shareholder's funds |
pcovs
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3 | not organized |
Clauwolf
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3 | comment |
Craft.Content
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Responses
+1
6 hrs
Selected
showing only shareholder's funds
"Gearing" - the difference between external debts (capital borrowed) and shareholder's funds (capital within the co.)
"Low gearing" - little debt
"High gearing" - much debt
"Low gearing" - little debt
"High gearing" - much debt
4 KudoZ points awarded for this answer.
Comment: "Quite close, thans"
1 hr
not organized
:)
Peer comment(s):
neutral |
chica nueva
: don't think it is this. It is a finance/accounting term regarding debt and equity.
17 hrs
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4 hrs
comment
provisional, perhaps ?
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Note added at 1 day 6 hrs 33 mins (2004-03-23 18:51:22 GMT) Post-grading
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Another view could be that the credit side totals and the debit side totals do not tally; but this is a wild guess ...
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Note added at 1 day 6 hrs 33 mins (2004-03-23 18:51:22 GMT) Post-grading
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Another view could be that the credit side totals and the debit side totals do not tally; but this is a wild guess ...
Peer comment(s):
neutral |
chica nueva
: don't think so. Something to do with 'gearing' (debt and equity)
15 hrs
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oh, you mean, the balancing act between 'payable' and 'receivable' was yet to be carried out ? :-)
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