Chii Chinonzi Gearing Ratio Chinorevei, Uye Chinotarisirwa Sei?
Kunyatsonzwisisa Mari Nezvemari uye Njodzi Yezvemari
Sangano rezvemari rekambani rinomiririra kushandiswa kwaro kubhadhara mari kuwedzera kutengesa izwi, nokudaro kuwedzera purofiti. Bhizimisi wemabhizimisi, somuenzaniso, anogona kuwedzera mari yemari nemari yebhangi iyo inomubvumira kutenga mimwe michina yekugadzira. Dambudziko rezvemari rinomirira dambudziko rinowanikwa risina kukwana apo kambani inowedzera kushandiswa kwayo kwemari.
Kunyange zvazvo mari yemari uye mari yekutengesa kwete zvinhu zvakafanana, zvinopindirana. Kuyera iyo iyo kambani inoshandiswa nekambani inoshandisa mari, kana kukura bhizinesi rayo nemari yakakweretwa, inopa nzira inonyoresa yakaenzana yekuongororesa mari yekambani iyi.
Calculating Gearing Ratios
Kazhinji kushandisa gearing ratios kunosanganisira chikwereti-ku-equity chikwata ( chikwata chekukwereta / kuenzanisa), nguva dzinowanikwa (kubhadhara mari isati yawanikwa uye inofanirwa) (EBIT) / chikwereti chose), chikwata chechikwereti (chikwereti chenyika / chekushandisa), uye chiyero chekuenzanisa (kuenzana / zvinhu).
Zvizhinji zvezvikamu zvehutano zvinouya kubva mubhadharo, kunyange zvazvo EBIT inowanika pane yekambani yekufambisa uye kurasikirwa chirevo. Kuti uverenge zviyero izvi, ingovhara ruzivo kubva mune zvinyorwa zvemari zvekambani muchiyero chekuenzanisa. Chenjerera kushandisa nhamba kubva panguva yaunofarira; sezvo mabhizimusi mapepa data anomiririra "chinyorwa" munguva, shandisa pfungwa imwechete panguva iyo kuverenga uye kuenzanisa ratios.
Somuenzaniso, paunenge uchiverenga chikwereti-ku-kuenzanisa chikwata chemakore matatu emakore emari, mumwe muongorori angasarudza pfungwa imwechete panguva, seyakagadziriswa kwegore rose, kuunganidza data yehuwandu hwekuverenga uye gore-to- gore rekuenzanisa, kana dota-kuguma deta kuti uenzanise basa pamusoro pezvikamu zvina mukati megore rimwe chete.
Migumisiro ye gearing ratio analysis inogona kuwedzera kukosha kumakambani ekuronga kwemari kana achienzaniswa nenguva. Senguva imwechete yekuverenga, gearing ratios haigone kupa chero chinangwa chaicho. Kunyange zvazvo chikwata chimwe chete chinokonzera chinopa mamwe mashoko pamusoro pekugadzirisa kwekambani yekambani, ine zvinoreva zvakawanda kana ichienzaniswa nechiyero chakafanana kubva panguva yakasiyana, mukwidzikwi wakafanana, kana mhizha yekambani inowanikwa.
Gearing Ratios Sechirongwa Chekushandisa Kwemari
Kududzira zvikamu zve gearing ratio kuverenga kunopa maitirwo, vatsvakurudzi, uye vashandi vanoziva mazano anobatsira pane imwe kambani inopiwa. Semuenzaniso, makambani ega ega ekutengesa anowanzoshandisa mari yakweretwa kuti awane mari yakawanda yega yega yekutengesa kwekambani. Chikamu chemari kutenga (kana kutora) imwe kambani inobva kuhurumende yehurumende yega yega. Zvasara zvemari zvinowanzobva kune chikwereti icho chekuchengetedzwa kwega yega yega inoshandiswa muzita rechinangwa chekambani, nechinangwa chekambani yechirongwa, izvo zvino zvinoratidzira pane peji yemari yechirongwa chekambani.
Ichi chiitiko chinokonzera mamwe mahara gearing kuti awedzere sechigumisiro uye anoratidza dambudziko rinowedzera rekambani itsva yakakosha.
Kunyange zvazvo kuwedzerwa kwepamusoro kwezvikwata zvinokonzera kuratidza huwandu hwemari, hazvirevi nguva dzose kambani mune zvemari kushungurudzika. Kunyange zvazvo makambani ane makombikiti makuru ane dambudziko rakawanda, masangano anorongerwa akaita sekambani dzinoshandiswa zvinowanzoshanda nekodzero dzekwereti. Makambani anonyanya kushandiswa evanhu anowanzovawo nemigumisiro yakakosha yehuwandu nokuti mari yavo yekutengesa inoderedzwa nemasimba avo emabhizimusi. Uyezve, mashizha makuru emabhizimisi, akadai sekugadzirwa, kazhinji mari yemari inodhura zvikwereti ane chikwereti, izvo zvinotungamirira kumagetsi ekuwedzera.