Page 103 - F5 Slides 2017-18
P. 103

Ratios to measure risk








             • Financial gearing = debt/equity



             • Financial gearing = debt / (debt + equity)








             • Dividend cover = PAT / total dividend



             • Interest cover = PBIT / interest








             • Operating gearing = fixed costs / variable costs




             • Operating gearing = contribution / PBIT









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