Global Gearing Is in Uptrend and Has Passed 2008 Peak
Gearing is in uptrend and has passed 2008 peak
- Looking at more than 17,000 companies worldwide
- Gearing has been trending up since 2010
- It passed the 2008 peak in 2017
- However, gearing is still below peaks before the Dotcom bubble and the Asian financial crisis
Debt coverage increased in 2017
- Debt coverage trended downwards from 2010
- In Emerging markets, it started to come back up in 2016
- In 2017, times-interest-earned rose in Developed markets as well
DISCLAIMER: This content is for information purposes only. It is not intended to be investment advice. Readers should not consider statements made by the author(s) as formal recommendations and should consult their financial advisor before making any investment decisions. While the information provided is believed to be accurate, it may include errors or inaccuracies. The author(s) cannot be held liable for any actions taken as a result of reading this article.