How Do I Calculate Thee, Gearing?

Hi MJ, I am currently reviewing some mock answers but am having trouble with the calculation of gearing levels on one of the mocks. The mock question gives me $3,088m as debt and $1,411m as equity. The mock answer calculates gearing ratio as $3,088m / ($3,088m + $1,411m) = 69%. However, in the preseen analysis and also on your masterclass, … Continue reading How Do I Calculate Thee, Gearing?