公司理財(cái)公式

1、For pers onal use only in study and research; not for commercial useFor pers onal use only in study and research; not for commercial useAssets=Liabilities + ShareholdersequityRevenues -Expe nses=In comeEarnings per share=Net in come/Total shares outsta ndingDivide nds per share=Total divide nds/Tota

2、l shares outsta ndingCash flow from assets=Cash flow to creditors (bon dholders) + Cash flow to stockholders (ow ners) Cashflow from assets=Operating cash flow- Net capital spending- Change in net working capital Operat ing cashflow=Ear nings before in terest and taxes (EBIT) +Depreciati on-TaxesNet

3、 capital spe ndin g=E nding net fixed assets-Begi nning net fixed assets +Depreciati onCha nge in n et worki ng capital (NWC) =E ndi ng NWC-Begi nning NWCCash flow to creditors=I nterest paid-Net new borrowi ngCash flow to stockholders=Divide nds paid-Net new equity raisedCurrent ratio=Curre nt asse

4、ts/Curre nt liabilitiesQuick ratio= (Curre nt assets-I nven tory)/Curre nt liabilitiesCash ratio=Cash/Curre nt liabilitiesNet work ing capital to total assets=Net work ing capital/Total assetsIn terval measure=Curre nt assets/Average daily operat ing costsTotal debt ratio= (Total assets-Total equity

5、)/Total assetsDebt-equity ratio=Total debt/Total equityEquity multiplier=Total assets/Total equityLon g-term debt ratio=L on g-term debt/ (Lon g-term debt+ Total equity)Times interest earned ratio=EBIT/InterestCash coverage ratio= (EBIT+ Depreciati on)/ln terestInven tory turno ver=Cost of goods sol

6、d/I nven toryDays sales in inventory=365 days/Inventory turnoverReceivables turno ver=Sales/Acco unts receivableDayssales in receivables=365 days/Receivables turnoverNWC turnover=Sales/NWCFixed asset turno ver=Sales/Net fixed assetsTotal asset turno ver=Sales/Total assetsProfit margin=Net i ncome/Sa

7、lesRetur n on assets (ROA) =Net i ncome/Total assetsRetur n on equity (ROE) =Net in come/Total equityPE ratio=Price per share/Ear nings per shareMarket-to-book ratio=Market value per share/Book value per shareROE= (Net in come/Sales)*(Sales/Assets)*(Assets/Equity)ROE=Profit margi n*Total asset turno

8、ver*Equity multiplierDivide nd payout ratio=Cash divide nds/Net in comeIn ternal growth rate= (ROA*b)/ (1-ROA*b)Sustai nable growth rate= (ROE*b)/ (1-ROE*b)Capital inten sity ratio=Total assets/Sales=1/Total asset turno ver若出現(xiàn)任何拼寫錯(cuò)誤，概不負(fù)責(zé)。僅供個(gè)人用于學(xué)習(xí)、研究；不得用于商業(yè)用途。For personal use only in study and resear

9、ch; not for commercial use.Nur fur den pers?nlichen fur Studien, Forschung, zu kommerziellen Zwecken verwendet werden.Pour l etude et la recherche uniquementades fins personnelles; pasades fins commerciales.ToJI E Kogfljirogeifcc,TOpBicnob3 groimio麻yqeHuicic碼egoBua Hudo員冶HBIucno員B30BaTbCEBKoMMepqeck

10、ux qeiix.-以下無正文-僅供個(gè)人用于學(xué)習(xí)、研究；不得用于商業(yè)用途。For personal use only in study and research; not for commercial use.Nur fur den pers?nlichen fur Studien, Forschung, zu kommerziellen Zwecken verwendet werden.Pour l etude et la recherche uniquementades fins personnelles; pasades fins commerciales.ToJI E Ko gfljirog