ungear

ungear

(ʌnˈɡɪə)
vb (tr)
to disengage (harnesses, gears, etc)
References in periodicals archive ?
Next we use the ungear formula and assume that the corporate debt is risk free ([[beta].sub.d] = 0) to calculate the geared beta of the proxy company (if a question provides a geared beta for the proxy company, you can jump straight to this part):
"UEM's portfolio is well positioned with a diverse portfolio and an ungeared balance sheet.
Based on the disposal price, the asset has generated an ungeared total return of 14.3% per annum since acquisition in 2005, compared with the MSCI Benchmark for the same period of 5.7% per annum.
Improving port facilities in Cebu, Cagayan de Oro, Davao, Iloilo, Bacolod and Zamboanga can help in ensuring depth for bigger, more economical vessels while installing ship-to-shore cranes to service ports with ungeared container ships will push down freight rates.
around PS15bn, leaving a core chain that would be potentially ungeared with its pension liabilities covered and a business valued at around 25% of sales and an implied earnings before interest, tax, depreciation and amortisation (Ebitda) multiple of around five or six times." He concludes: "Uncertainties abound, but to our minds there is downside protection in Tesco, noting that we are primed for more disappointment." Assuming reasonable 'downside protection', he recommends a 'hold' on Tesco shares.
Suzuki Motorcycle, a subsidiary of Suzuki Motor Corporation (TYO: 7269), has launched its new Access ungeared scooter in India.
An ungeared company has no debt; it is entirely financed by equity.
Our balance sheet remains strong, but largely ungeared. The Board has given management the approval to establish a line of credit to further underpin the operations of the Company, which we expect will remain undrawn.
Thus, Henry's numeric analysis of taxes paid by property investors assumes that rental property is held ungeared and then sold after seven years.
Not just VW and Royal Enfield but other models such as Honda's ungeared scooter Activa and Toyota Kirloskar's SUV Fortuner are facing severe crunch in production too, according to the report.