discounted cash flow

简明释义

贴现现金流量

英英释义

例句

1.The discounted cash flow (折现现金流) method helps in estimating the future cash flows of a project.

折现现金流方法有助于估算项目的未来现金流。

2.A positive discounted cash flow (折现现金流) indicates that the investment is likely to be profitable.

正的折现现金流表明投资可能是有利可图的。

3.Investors often use discounted cash flow (折现现金流) analysis to determine the value of an investment.

投资者通常使用折现现金流分析来确定投资的价值。

4.When valuing a company, analysts frequently apply the discounted cash flow (折现现金流) approach.

在评估公司时，分析师经常采用折现现金流方法。

5.The discounted cash flow (折现现金流) calculation considers the time value of money.

折现现金流计算考虑了货币的时间价值。

作文

In the world of finance and investment, understanding the concept of discounted cash flow is crucial for making informed decisions. The term discounted cash flow refers to a valuation method used to estimate the attractiveness of an investment opportunity. It involves calculating the present value of expected future cash flows generated by the investment, adjusted for the time value of money. This means that a dollar received in the future is worth less than a dollar received today due to its potential earning capacity. To grasp the significance of discounted cash flow, one must first understand the principle of the time value of money. This principle states that money available today can earn interest, leading to a greater amount in the future. Therefore, when evaluating investments, it is essential to consider not just the total cash flows expected but also when those cash flows will occur. By discounting future cash flows back to their present value, investors can make better comparisons between different investment opportunities.The calculation of discounted cash flow typically involves three main components: the expected future cash flows, the discount rate, and the number of periods until those cash flows are received. Future cash flows can come from various sources, such as revenues from sales, dividends, or other income streams. The discount rate is often derived from the required rate of return on investment, which reflects the risk associated with the investment. Finally, the number of periods accounts for the time until the cash flows are realized, which could range from months to years.For example, consider a company that expects to generate $100,000 in cash flow each year for the next five years. If the appropriate discount rate is determined to be 10%, the present value of these cash flows can be calculated using the formula for discounted cash flow. The present value of each cash flow is computed by dividing the future cash flow by (1 + discount rate) raised to the power of the period number. After calculating the present values for each of the five years and summing them up, an investor can determine whether the investment is worthwhile based on its present value compared to the initial investment cost.Understanding discounted cash flow is not only important for investors but also for companies seeking to evaluate their projects. Businesses often use this method to assess the viability of new initiatives, acquisitions, or capital expenditures. By analyzing the discounted cash flow of a project, companies can make strategic decisions that align with their long-term financial goals.In conclusion, the concept of discounted cash flow is fundamental in finance, serving as a valuable tool for both investors and businesses. By incorporating the time value of money into their analyses, stakeholders can make more informed decisions regarding their investments and projects. As the financial landscape continues to evolve, mastering the intricacies of discounted cash flow will remain essential for achieving success in the competitive world of finance.

在金融和投资的世界中，理解折现现金流的概念对做出明智的决策至关重要。术语折现现金流是指一种估算投资机会吸引力的评估方法。它涉及计算由投资产生的预期未来现金流的现值，并根据货币的时间价值进行调整。这意味着，未来收到的一美元的价值低于今天收到的一美元，因为它具有潜在的收益能力。要理解折现现金流的重要性，首先必须理解货币时间价值的原则。该原则指出，今天可用的钱可以赚取利息，从而导致未来更多的金额。因此，在评估投资时，考虑的不仅是预期的总现金流量，还包括这些现金流量何时发生是至关重要的。通过将未来现金流量折现回其现值，投资者可以更好地比较不同的投资机会。折现现金流的计算通常涉及三个主要组成部分：预期未来现金流、折现率和现金流实现的周期数。未来现金流可以来自各种来源，例如销售收入、股息或其他收入流。折现率通常源于投资的必要回报率，反映了与投资相关的风险。最后，周期数考虑到现金流实现的时间，这可能从几个月到几年不等。例如，考虑一家预计在未来五年每年产生100,000美元现金流的公司。如果确定适当的折现率为10%，则可以使用折现现金流公式计算这些现金流的现值。通过将未来现金流除以（1 + 折现率）提升到期数的幂，可以计算出每个现金流的现值。在计算完五年的现值并将其相加后，投资者可以根据其现值与初始投资成本的比较来判断投资是否值得。理解折现现金流不仅对投资者重要，对寻求评估项目的公司同样重要。企业通常使用这种方法来评估新项目、收购或资本支出。通过分析项目的折现现金流，公司可以做出与其长期财务目标一致的战略决策。总之，折现现金流的概念在金融中是基础性的，作为投资者和企业的宝贵工具。通过将货币的时间价值纳入分析，利益相关者可以就其投资和项目做出更明智的决策。随着金融环境的不断发展，掌握折现现金流的复杂性将继续对在竞争激烈的金融世界中取得成功至关重要。