undiscounted net-benefit-cost ratio

简明释义

未折现净效益成本比率

英英释义

例句

1.The undiscounted net-benefit-cost ratio is particularly useful for short-term projects where discounting may not be necessary.

对于短期项目，未折现净收益成本比率特别有用，因为折现可能不是必要的。

2.A higher undiscounted net-benefit-cost ratio indicates that the benefits of the project outweigh the costs significantly.

更高的未折现净收益成本比率表明项目的收益远大于成本。

3.When comparing multiple projects, we rely on the undiscounted net-benefit-cost ratio to identify the most beneficial one.

在比较多个项目时，我们依赖于未折现净收益成本比率来识别最有利的项目。

4.Our analysis revealed an undiscounted net-benefit-cost ratio of 3.5, suggesting excellent economic viability.

我们的分析显示出未折现净收益成本比率为3.5，表明经济可行性极佳。

5.The project was evaluated using the undiscounted net-benefit-cost ratio, which showed a strong return on investment.

该项目使用未折现净收益成本比率进行评估，显示出强劲的投资回报。

作文

In the realm of economics and project evaluation, the concept of the undiscounted net-benefit-cost ratio plays a crucial role in determining the feasibility and overall value of an investment. This ratio is a straightforward calculation that compares the total benefits of a project to its total costs without applying any discounting factors. Essentially, it provides a snapshot of the project's profitability in its raw form, allowing stakeholders to make informed decisions based on immediate financial outcomes rather than future projections.To understand the significance of the undiscounted net-benefit-cost ratio, one must first grasp what is meant by 'net benefits' and 'costs.' Net benefits refer to the total benefits derived from a project minus the total costs incurred. This includes direct financial gains as well as indirect benefits such as improved quality of life or enhanced environmental conditions. On the other hand, costs encompass all expenditures related to the project, including initial investments, operational expenses, and any potential negative impacts.The formula for calculating the undiscounted net-benefit-cost ratio is quite simple: it is the total net benefits divided by the total costs. A ratio greater than one indicates that the benefits outweigh the costs, suggesting that the project is worthwhile. Conversely, a ratio less than one signals that the costs exceed the benefits, which may lead to reconsideration or abandonment of the project.One of the advantages of using the undiscounted net-benefit-cost ratio is its simplicity. It allows for quick assessments and comparisons between different projects or investments. For instance, when a government is deciding between multiple infrastructure projects, the undiscounted net-benefit-cost ratio can help identify which project offers the highest return on investment in immediate terms. This can be particularly useful in situations where funding is limited, and decision-makers need to prioritize projects that will deliver the most significant short-term benefits.However, while the undiscounted net-benefit-cost ratio provides valuable insights, it is important to recognize its limitations. One major drawback is that it does not account for the time value of money. In many cases, benefits and costs occur at different times, and failing to consider this can lead to misleading conclusions. For example, a project that requires a large upfront investment but promises substantial long-term benefits may appear unattractive based solely on its undiscounted ratio. Therefore, it is often recommended to complement the undiscounted net-benefit-cost ratio with discounted measures, such as the net present value (NPV) or the internal rate of return (IRR), to get a more comprehensive view of a project's viability.In conclusion, the undiscounted net-benefit-cost ratio serves as a fundamental tool in project evaluation, providing a clear and immediate assessment of benefits versus costs. While it is an essential metric for decision-making, it should be used in conjunction with other financial analyses to ensure a well-rounded understanding of a project's potential impact. By doing so, stakeholders can better navigate the complexities of investment decisions and contribute to more effective resource allocation in various sectors.

在经济学和项目评估领域，未折现净收益成本比率的概念在确定投资的可行性和整体价值方面发挥着至关重要的作用。这个比率是一个简单的计算，它比较了一个项目的总收益与其总成本，而不应用任何折现因素。实质上，它提供了项目盈利能力的快照，使利益相关者能够根据即时财务结果而不是未来预测做出明智的决策。要理解未折现净收益成本比率的重要性，首先必须掌握“净收益”和“成本”的含义。净收益是指项目带来的总收益减去所产生的总成本。这包括直接的财务收益以及间接收益，如改善的生活质量或增强的环境条件。另一方面，成本则包括与项目相关的所有支出，包括初始投资、运营费用，以及任何潜在的负面影响。计算未折现净收益成本比率的公式相当简单：它是总净收益除以总成本。大于1的比率表明收益超过成本，暗示该项目是值得的。相反，小于1的比率则表明成本超过收益，这可能导致对项目的重新考虑或放弃。使用未折现净收益成本比率的一个优势是其简单性。它允许快速评估和比较不同的项目或投资。例如，当政府在决定多个基础设施项目之间时，未折现净收益成本比率可以帮助识别哪个项目在短期内提供最高的投资回报。这在资金有限的情况下尤其有用，决策者需要优先考虑那些将带来最大短期收益的项目。然而，尽管未折现净收益成本比率提供了有价值的见解，但也必须认识到其局限性。一个主要缺点是它没有考虑货币的时间价值。在许多情况下，收益和成本发生在不同的时间，而未能考虑这一点可能会导致误导性的结论。例如，一个需要大量前期投资但承诺提供可观长期收益的项目，单凭其未折现比率可能看起来不具吸引力。因此，通常建议将未折现净收益成本比率与折现指标相结合，例如净现值（NPV）或内部收益率（IRR），以更全面地了解项目的可行性。总之，未折现净收益成本比率作为项目评估中的基本工具，提供了收益与成本的明确和即时评估。虽然它是决策过程中的一个重要指标，但应与其他财务分析结合使用，以确保对项目潜在影响的全面理解。通过这样做，利益相关者可以更好地应对投资决策的复杂性，并为各个领域的更有效资源分配做出贡献。