债务 debt; liabilities; amount due; engagement◇债务到期日 date of exigibility of the obligation; 债务额 amount of debt; 债务公司 debtor corporation; 债务管理 debt management; 债务国 debtor nation; 债务纠纷 dispute over obligation; 债务投资信托 bond investment trust; 债务限额 debt ceiling; debt limit; 债务证券 debt instrument; 债务证书 bond; 债务总额 aggregate liability
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Issued debt capital 发行债务资本
The capital structure mainly represents the relative proportional relationship among the resources of different capital 资本结构主要是指企业取得各项资金的来源之间(如权益资本与债务资本)的相对比例关系。
It is studied on the condition of debt - existing , the marginal cost of equity , the actual marginal cost of capital , idle capital , the corporate income tax , the lack and the extent of the model , and the various cost rates of debt 文中进一步研讨了考虑已有债务、自有资本的边际成本、实际边际资本成本、闲置资本和企业所得税的情况,该模型的不足和适用范围,以及债务资本的各种资金成本率。
On capital structure there is a distinctive discrepancy between china and western countries . most chinese companies raise fund through issuing more share stocks , while the western companies give priority to the stock ownership capital other than the debt capital 中西方企业的资本结构方面存在明显差异,中国大多数企业通过增发股票筹资,而西方企业则是重视股权资本,将其放在债务资本的前面。
In this paper , the functional relation is established among weighted average capital cost , earnings before interest and tax and due capital cost , and the best capital structure model of enterprises with relative unchangeable due capital cost is obtained 通过财务杠杆,建立了加权平均资本成本和企业息前税前盈余以及债务资本成本之间的函数关系,得出了企业债务资本成本相对不变时的最优资本结构模型。
Besides capital cost of equity , another aim of the paper is to determine capital cost of debt of our country ' s enterprises , in the part of it , the paper emphasize on the problems on debt financing of our enterprises and puts forward some suggestions to solve them 除了讨论权益资本成本的确定方法之外。本论文另一个致力于解决的问题是企业债务资本成本的确定。应该说,企业的债务融资成本也是其系统风险的反映,主要表现在不同企业融资的不同利率上。
In this paper , i try to use the empirical research method to study the debt maturity of state owned public company . there are three parts in this thesis . chapter one : the summarization of hypotheses and review the empirical research debt maturity structure 从目前情况来看,我国学者对公司资本结构的研究主要集中在权益资本与债务资本之间的关系问题,对债务资本或者权益资本内部结构的问题研究较少,而且,缺乏基于我国市场条件下,公司债务期限结构的研究。
The value created by enterprise every year is the residual income , from which all costs should been deducted , and it still could not be depicted by traditional evaluation systems vividly , such as roe and eps . the main defects lay on two aspects . one is that only the debt capital is directly considered to the gain - or - loss of that year 主要缺陷在以下两方面: ( 1 )传统指标的计算只有债务资本成本计入损益表,而权益成本被忽视了,从而导致成本的计算不完全,因此无法判断公司为股东创造的价值的准确数量; ( 2 )传统指标的计算以会计报表信息为基础,而会计报表信息由于其固有的缺陷对公司业绩的反映本身就存在部分失真。
The formula is : eva = nopat - wacc ( debt cost + cost of equity ) the theories foundation of the eva evaluation model is that the intrinsic value of a company equal to sum of the discounted future eva of the company and total investment of the company . eva is the company ' s surplus income 用公式表示为: eva =税后净经营利润加权平均资本成本(债务资本股权资本)经济增加值( eva )价值模型的理论基础是公司的内在价值等于公司未来的经济增加值折现后再加上公司的投资总额。