debt-capitalization ratio

简明释义

债务资本化比率

英英释义

例句

1.Investors often look at the debt-capitalization ratio 债务资本化比率 to assess risk before investing.

投资者通常会查看debt-capitalization ratio 债务资本化比率 来评估投资风险。

2.A lower debt-capitalization ratio 债务资本化比率 suggests that a company is less reliant on debt financing.

较低的debt-capitalization ratio 债务资本化比率 表明公司对债务融资的依赖较小。

3.The management team aims to reduce the debt-capitalization ratio 债务资本化比率 to improve financial stability.

管理团队旨在降低debt-capitalization ratio 债务资本化比率 以提高财务稳定性。

4.The company's debt-capitalization ratio 债务资本化比率 indicates a high level of financial leverage.

公司的debt-capitalization ratio 债务资本化比率 表明其财务杠杆水平较高。

5.During the financial analysis, the debt-capitalization ratio 债务资本化比率 was a key metric for evaluation.

在财务分析过程中，debt-capitalization ratio 债务资本化比率 是评估的关键指标。

作文

The concept of the debt-capitalization ratio is crucial for understanding a company's financial structure and risk profile. This ratio measures the proportion of a company's capital that comes from debt compared to its total capitalization, which includes both debt and equity. In simpler terms, it indicates how much of a company’s funding is sourced from borrowed money versus ownership equity. A high debt-capitalization ratio suggests that a large portion of a company's assets are financed through debt, which may indicate higher financial risk. Conversely, a lower ratio implies that a company relies more on equity financing, which can be seen as less risky from a financial perspective.Investors and analysts often use the debt-capitalization ratio to assess a company's leverage and overall financial health. For instance, if a company has a debt-capitalization ratio of 70%, it means that 70% of its capital structure is made up of debt. This could raise red flags for potential investors, as it may indicate that the company is over-leveraged. High levels of debt can lead to increased interest obligations, which can strain cash flow and limit the company’s ability to invest in growth opportunities.On the other hand, a company with a low debt-capitalization ratio may be viewed as financially stable and less vulnerable to economic downturns. Such companies might have more flexibility to weather financial storms since they are not heavily reliant on debt financing. However, it’s also important to note that a very low ratio might suggest that a company is not taking advantage of leverage to fuel growth and expansion, which can be a missed opportunity in a favorable market.In addition to its implications for financial stability and risk, the debt-capitalization ratio can also impact a company's cost of capital. Companies with higher debt levels may face higher interest rates due to perceived risk by lenders. This could lead to a higher weighted average cost of capital (WACC), making it more expensive for the company to finance new projects. Therefore, finding the right balance in the debt-capitalization ratio is essential for optimizing capital structure and minimizing costs.Moreover, the debt-capitalization ratio varies significantly across different industries. For example, capital-intensive industries such as utilities or telecommunications may operate with higher ratios due to the substantial investments required in infrastructure. In contrast, technology firms may have lower ratios since they often rely more on equity financing to fund innovation and development activities. As such, it is crucial to compare a company's debt-capitalization ratio against industry benchmarks to gain meaningful insights.In conclusion, the debt-capitalization ratio is a vital metric for evaluating a company's financial leverage and risk exposure. Understanding this ratio helps investors make informed decisions regarding their investments and allows companies to strategically manage their capital structure. By maintaining an optimal debt-capitalization ratio, businesses can enhance their financial performance and position themselves for sustainable growth in the competitive market landscape.

“债务资本化比率”这一概念对于理解公司的财务结构和风险特征至关重要。该比率衡量公司资本中来自债务的比例与其总资本化（包括债务和股本）的比较。简单来说，它表明公司的资金来源中有多少来自借款，而不是所有者权益。较高的“债务资本化比率”表明公司资产的大部分是通过债务融资的，这可能意味着更高的财务风险。相反，较低的比率则暗示公司更多依赖股本融资，这在财务角度上被视为风险较小。投资者和分析师通常使用“债务资本化比率”来评估公司的杠杆作用和整体财务健康状况。例如，如果一家公司具有70%的“债务资本化比率”，这意味着其资本结构中70%是由债务构成的。这可能会引起潜在投资者的警惕，因为这可能表明公司过度负债。高水平的债务可能导致利息义务增加，从而压缩现金流并限制公司投资于增长机会的能力。另一方面，拥有较低“债务资本化比率”的公司可能被视为财务稳定且不太容易受到经济衰退影响。这类公司可能在面对财务风暴时具有更多的灵活性，因为它们不严重依赖债务融资。然而，也要注意到，非常低的比率可能表明公司没有利用杠杆来推动增长和扩展，这在有利的市场中可能是一个错失的机会。除了对财务稳定性和风险的影响外，“债务资本化比率”还可能影响公司的资本成本。债务水平较高的公司可能由于贷方的风险感知而面临更高的利率。这可能导致加权平均资本成本（WACC）上升，使公司融资新项目的成本更加昂贵。因此，在“债务资本化比率”中找到合适的平衡对于优化资本结构和降低成本至关重要。此外，不同行业的“债务资本化比率”差异显著。例如，公用事业或电信等资本密集型行业可能由于基础设施所需的巨额投资而运营较高的比率。相比之下，科技公司可能拥有较低的比率，因为它们往往更多依赖股本融资以资助创新和开发活动。因此，将公司的“债务资本化比率”与行业基准进行比较，以获得有意义的见解至关重要。总之，“债务资本化比率”是评估公司财务杠杆和风险暴露的重要指标。理解这一比率有助于投资者做出明智的投资决策，并使公司能够战略性地管理其资本结构。通过维持最佳的“债务资本化比率”，企业可以提升其财务绩效，并在竞争激烈的市场环境中为可持续增长奠定基础。