debt leverage 中文意思是什麼
debt leverage
解釋
債務杠桿-
Finally, the thesis introduces vanke real estate company for the demonstration research object, pointing out that the vanke ' s advantage of competition is the reasonable capital structure. to meet the future development, the thesis suggest that vanke ' s optimal capital structure decision be the debt increase moderation, bring into financing leverage, multi channel financing, furthermore, to increase the facility of the financing, it should be on the base of the stability of the capital structure
最後，文章以萬科房地產公司為實證研究對象，以資本結構的相關理論為基礎，指出萬科經濟合理的資本結構是萬科在激烈的市場競爭中的優勢，並從發展的角度，提出了萬科最佳資本結構的建設性決策意見：適度增加負債融資，發揮財務杠桿作用；採取多渠道融資方式，在保持資本結構相對穩定的基礎上增加應變的靈活性。 -
An improvement in leverage suggested an improvement in long - term solvency, while an improvement in liquidity was a good signal about the firm ' s ability to service current debt obligations
杠桿率增加代表長期償付能力增強，資產變現率提高說明公司解決流動負債的能力增強。 -
Leverage was measured as the historical change in the ratio of total long - term debt to average total assets, while liquidity was measured as the change in the ratio of current assets to current liabilities
杠桿率是公司長期總負債和平均總資產比率的歷史變化額，資產變現率則是指流動資產和流動負債比率的變化額。 -
According to trade - off theory, the level of the debt financing is unduly high, so the companies should try to lower the financial leverage in order to increase their market values
根據權衡理論，我國企業目前的負債水平過高。企業應該通過適當降低財務杠桿的方法來提高企業的市場價值。 -
Thirdly, based on correlation and multiple regression analysis, the thesis employs 165 listed companies in service industry, studies empirically inner influential factors of capital structure. it ' s concluded that leverage increases with rate of sales growth ; decreases with profitability, tobin ' q and non - debt tax shields ; and there is no significant correlation between firms " size, real tax, assets collateral value, ownership structure and leverage
對我國服務業165家上市公司2001 - 2002年末財務數據進行相關性和多元回歸分析，得出，企業杠桿和主營業務收入增長率顯著正相關；和托賓指數、盈利能力、非負債稅盾顯著負相關；和企業規模、實際稅率、資產擔保價值、股權結構沒有顯著影響。 -
Debt is correlated significantly with firm size, tangibility, profitability and growth. these relationships change as time. leverage adjusts slowly to exogenous shocks
公司規模、擔保價值、盈利能力和成長性對上市公司資本結構影響顯著，並且在各期的影響程度不同。 -
By pushing the boundaries in their use of high levels of leverage, these financial sponsors have also redefined what is an acceptable level of debt for listed companies
通過拓寬高杠桿債務比例的使用范圍，這些金融投資者還重新定義了可接受的上市公司債務水平。 -
Besides, the results show that short financial leverage is significantly positively correlated with wacc. but the long financial leverage is negatively correlated with wacc, it follows that the listed companies in tele communication and computer line should increase the long debt despite the decrease while they should downsize the overall debt
另外短期財務杠桿與加權資本成本正相關，企業應適當降低短期債務融資，但是長期財務杠桿與公司資本成本負相關，說明上市公司應在降低債務融資規模時中應該提高長期債務融資的比例。 -
When the rate of total capital returns exceeds the average debt ratio, the financial leverage can be fully employed for more interest, for debt financing is more profitable than stocking financing. otherwise, it ' s unreasonable for the enterprise to float the loan
當總資產收益率高於債務平均利率的情況下，可更多的利用財務杠桿得到更高的利益，這時舉債融資比股票融資可獲得更多的收益，否則，企業舉債是不利的。 -
However, the analysis of hunan telecommunication capital structure shows its rate of total funds earning is lower than its average debt ratio, and thus its financial leverage will work negatively. debt does harm to the company and the only solution for an optimized capital structure is to raise funds by stocking
而對湖南電信的資本結構研究得出，負債結構比例不合理，湖南電信總資產收益率低於負債平均利率，財務杠桿將發生負面作用，舉債對公司不利，可通過股票融資優化資本結構。 -
Financial leverage, debt structure and firm growth : evidence from public corportate
基於上市公司的實證分析
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