The best replacement for gearing is leverage.

The best alternatives to gearing are rated as following:
★★★★★  leverage
★★★  low gearing
★  high gearing
★  planetary gearing
  standard gearing
  financial leverage
  positive gearing
  negative gearing
  short gearing
  debt ratio

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Speaking about gearing, one probably shouldn't forget about 17.5.

Other search terms related to gearing and their ratings are:
★★★★★ 17.5
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gearing
leverage
low gearing