Generally, a company that has a larger portion of debt in comparison to its shareholder equity has a high gearing ratio. A company that has a small proportion of debt versus equity has a low ...

and the JPMorgan Japanese Investment Trust PLC recorded the highest gearing ratio among the trusts at 14.1%. The Mercantile Investment Trust (LON:MRCM) PLC also reported a high gearing ratio of 16.5%.

The Mercantile Investment Trust (LON:MRCM) PLC also reported a high gearing ratio of 16.5%. For the smaller companies' trusts, the JPMorgan UK Small Cap Growth & Income PLC had a gearing ratio of ...