2(Of a company or its balance sheet) having or showing no debt: the balance sheet is almost ungeared
More example sentences
- From managements' perspective, ungeared companies become potentially more vulnerable to predators.
- The company's dividend has been restored and its ungeared balance sheet can comfortably support the investment needed to rebuild the brand and drive continued recovery.
- The pressure on them to do a deal is intense given its ungeared balance sheet and the fact that the industry is ripe for consolidation.