capital gearing

简明释义

业主权益与债务资本比率

英英释义

例句

1.During economic downturns, companies with high capital gearing 资本杠杆 may struggle to meet their debt obligations.

在经济低迷时期，具有高资本杠杆的公司可能难以履行其债务义务。

2.The company's capital gearing 资本杠杆 ratio indicates a high level of debt compared to equity.

公司的资本杠杆比率表明债务相对于股本的水平很高。

3.A low capital gearing 资本杠杆 suggests that a company is less reliant on borrowed funds.

较低的资本杠杆表明公司对借款资金的依赖较小。

4.Management decided to reduce capital gearing 资本杠杆 by paying down existing debts.

管理层决定通过偿还现有债务来降低资本杠杆。

5.Investors often assess capital gearing 资本杠杆 to understand the financial risk associated with a company.

投资者通常评估资本杠杆以了解与公司相关的财务风险。

作文

Understanding the concept of capital gearing is crucial for anyone involved in finance or business management. Capital gearing refers to the ratio of a company's debt to its equity. This financial metric helps investors and analysts assess the risk of a company’s capital structure. A high gearing ratio indicates that a company relies more on borrowed funds than on its own equity, which can lead to higher risks during economic downturns. Conversely, a low gearing ratio suggests that a company is less dependent on debt, which may provide more stability in uncertain times.In practical terms, capital gearing can significantly impact a company's operations and strategic decisions. For instance, companies with high gearing may find it challenging to secure additional financing because lenders may view them as too risky. This situation can limit growth opportunities and hinder expansion plans. On the other hand, businesses with lower gearing ratios often have better access to capital markets, allowing them to invest in new projects or enhance their existing operations.Moreover, the implications of capital gearing extend beyond mere financial metrics. It also affects how a company is perceived in the market. Investors are generally more attracted to companies with balanced capital structures, as they are seen as less risky. A firm with high debt levels might be viewed skeptically, especially if it does not generate sufficient cash flow to cover its obligations. Therefore, managing capital gearing effectively is vital for maintaining investor confidence and achieving long-term sustainability.Another aspect to consider is how capital gearing influences a company's cost of capital. Companies with high levels of debt may benefit from tax shields since interest payments are often tax-deductible. However, this advantage must be weighed against the potential costs of financial distress. If a company becomes over-leveraged, the costs associated with bankruptcy or restructuring can far outweigh the benefits of using debt as a financing tool.In conclusion, capital gearing serves as a critical indicator of a company’s financial health and risk profile. Understanding this concept allows stakeholders to make informed decisions regarding investments and corporate strategies. By carefully managing their capital structure, companies can navigate the complexities of the financial landscape while positioning themselves for future growth and success. As such, capital gearing is not just a numerical value; it represents the balance between risk and opportunity in the world of finance.

理解资本结构比率的概念对于任何参与金融或商业管理的人来说都是至关重要的。资本结构比率指的是公司债务与股本的比例。这个财务指标帮助投资者和分析师评估公司资本结构的风险。高比率表明公司更依赖借款而不是自身股本，这在经济低迷时可能导致更高的风险。相反，低比率则表明公司对债务的依赖较小，这在不确定时期可能提供更多的稳定性。在实际操作中，资本结构比率会显著影响公司的运营和战略决策。例如，高比率的公司可能会发现很难获得额外的融资，因为贷款人可能会将其视为过于风险。这种情况可能限制增长机会并阻碍扩展计划。另一方面，低比率的企业通常可以更好地进入资本市场，使其能够投资新项目或增强现有业务。此外，资本结构比率的影响超出了单纯的财务指标。它还影响了公司在市场上的形象。投资者通常更倾向于投资资本结构平衡的公司，因为它们被视为风险较低。高负债水平的公司可能会受到怀疑，尤其是当其无法产生足够的现金流以覆盖义务时。因此，有效管理资本结构比率对于维护投资者信心和实现长期可持续发展至关重要。另一个需要考虑的方面是资本结构比率如何影响公司的资本成本。高债务水平的公司可能会因利息支付通常可抵税而受益于税收保护。然而，这种优势必须与财务困境的潜在成本进行权衡。如果公司过度负债，破产或重组相关的成本可能远远超过使用债务作为融资工具的好处。总之，资本结构比率作为公司财务健康和风险状况的重要指标。理解这一概念使利益相关者能够就投资和公司战略做出明智的决策。通过仔细管理其资本结构，公司可以驾驭复杂的金融环境，同时为未来的增长和成功奠定基础。因此，资本结构比率不仅仅是一个数值；它代表了金融世界中风险与机会之间的平衡。