debt–equity ratio
91loan leverage — ➔ leverage1 * * * loan leverage UK US noun [U] ► FINANCE the amount that a company borrows in relation to its assets or share capital: »It is normal for loan leverage ratios to fall when market values rise sharply. → Compare DEBT/EQUITY RATIO( …
92gearing — 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… …
93Pecking order — or just peck order is a hierarchical system of social organization in animals. It was first described from the behaviour of poultry by Thorleif Schjelderup Ebbe in 1921 under the German terms Hackordnung or Hackliste and introduced into English… …
94Return of capital — (ROC) refers to payments back to capital owners (shareholders, partners, unitholders) that exceed the growth (net income/taxable income) of a business. It should not be confused with return on capital which measures a rate of return . The ROC… …
95Unlevered Beta — A type of metric that compares the risk of an unlevered company to the risk of the market. The unlevered beta is the beta of a company without any debt. Unlevering a beta removes the financial effects from leverage. The formula to calculate a… …
96weighted average cost of capital — WACC A method for calculating the average cost of a company s different sources of finance. The WACC is calculated on the assumption that the company will maintain the same debt equity ratio Managers should only use the WACC as an appropriate… …
97leverage — 1. The importance of *debt finance in the capital structure of an organization. Most corporations finance their activities through a combination of debt and *equity finance, and economists devote significant energy to determining the optimal mix… …
98Manitoba Hydro — Type Crown Corporation Industry Electricity generation, transmission and distribution Natural gas distribution …
99Sethu Canal — The Sethu Canal, also known as the Sethu Samudram Ship Canal Project, was inaugurated on 2 July, 2005, by Dr. Manmohan Singh, Prime Minister of India. This proposed navagational canal through a 19 mile (30 km) stretch of shallow sea in the Palk… …
100Modigliani and Miller Proposition II — A proposition by Modigliani and Miller which states that the cost of equity is a linear function of the firm s debt equity ratio. The New York Times Financial Glossary A proposition by Modigliani and Miller which states that the cost of equity is …
