gearing ratio

简明释义

借入资本与总资本的比率

英英释义

例句

1.A gearing ratio 资本结构比率 above 50% may signal potential financial distress.

超过50%的gearing ratio 资本结构比率 可能预示着潜在的财务困境。

2.Investors often look at the gearing ratio 资本结构比率 to assess financial risk.

投资者通常会查看gearing ratio 资本结构比率 来评估财务风险。

3.The management team decided to lower the gearing ratio 资本结构比率 by paying off some debts.

管理团队决定通过偿还部分债务来降低gearing ratio 资本结构比率。

4.A low gearing ratio 资本结构比率 suggests that a company is less reliant on debt financing.

较低的gearing ratio 资本结构比率 表明公司对债务融资的依赖较小。

5.The company's gearing ratio 资本结构比率 indicates a high level of debt compared to equity.

公司的gearing ratio 资本结构比率 表明其债务水平相较于股本较高。

作文

The concept of gearing ratio is fundamental in understanding a company's financial structure and its risk profile. The gearing ratio measures the proportion of a company's debt to its equity, providing insights into how much of the company is financed through borrowed funds versus the owners' capital. A high gearing ratio indicates that a company relies heavily on debt, which can lead to greater financial risk, especially in economic downturns. Conversely, a low gearing ratio suggests that a company has a more conservative approach to financing, relying more on equity than debt.To illustrate the importance of the gearing ratio, consider two companies within the same industry. Company A has a gearing ratio of 80%, while Company B has a gearing ratio of 30%. This significant difference reveals that Company A is more leveraged, meaning it has taken on more debt to finance its operations. While this might allow Company A to expand quickly and potentially increase profits, it also makes the company more vulnerable to changes in interest rates and market conditions.Investors often look at the gearing ratio when assessing the financial health of a business. A company with a high gearing ratio may offer higher returns during good times, but the associated risks can make it less attractive during periods of economic uncertainty. Therefore, understanding the gearing ratio helps investors make informed decisions about where to allocate their resources.Moreover, the gearing ratio can also affect a company's cost of capital. Lenders may charge higher interest rates to companies with high gearing ratios due to the increased risk of default. This can create a cycle where a company’s high debt leads to higher costs, which may hinder its ability to invest in growth opportunities. On the other hand, companies with lower gearing ratios may enjoy better borrowing terms, allowing them to finance expansion at a lower cost.In conclusion, the gearing ratio is a crucial metric in financial analysis. It not only reflects the level of financial risk a company is taking on but also influences investor perception and the overall cost of capital. By understanding the implications of the gearing ratio, stakeholders can better navigate the complexities of corporate finance and make more strategic decisions. As businesses continue to adapt to changing market conditions, maintaining an optimal gearing ratio will remain essential for long-term success and sustainability.

“杠杆比率”这一概念在理解公司的财务结构和风险特征时至关重要。“杠杆比率”衡量公司债务与股权的比例，提供了关于公司通过借款资金与所有者资本融资的程度的洞察。“杠杆比率”高表明公司在很大程度上依赖债务，这可能导致更大的财务风险，尤其是在经济低迷时期。相反，“杠杆比率”低则表明公司采取了更保守的融资方式，更多依赖股权而非债务。为了说明“杠杆比率”的重要性，可以考虑同一行业内的两家公司。公司A的“杠杆比率”为80%，而公司B的“杠杆比率”为30%。这一显著差异揭示了公司A的杠杆程度更高，这意味着它承担了更多的债务来资助其运营。虽然这可能使公司A快速扩张并潜在地增加利润，但也使公司在利率和市场条件变化时更容易受到影响。投资者通常在评估企业的财务健康状况时会关注“杠杆比率”。“杠杆比率”高的公司在经济良好时可能提供更高的回报，但相关的风险可能使其在经济不确定时期的吸引力降低。因此，理解“杠杆比率”有助于投资者做出明智的资源配置决策。此外，“杠杆比率”还会影响公司的资本成本。由于违约风险增加，贷款人可能会对“杠杆比率”高的公司收取更高的利率。这可能导致一个循环，即公司的高债务导致更高的成本，从而妨碍其投资增长机会。另一方面，具有较低“杠杆比率”的公司可能享有更好的借贷条件，使其能够以更低的成本融资扩张。总之，“杠杆比率”是财务分析中的一个关键指标。它不仅反映了公司承担的财务风险水平，还影响投资者的看法和整体资本成本。通过理解“杠杆比率”的含义，利益相关者可以更好地应对企业财务的复杂性，并做出更具战略性的决策。随着企业不断适应变化的市场条件，保持最佳的“杠杆比率”将仍然是长期成功和可持续发展的关键。