摘要
长期以来，国有企业一直处于高负债的经营状态。一方面，国有企业的大量借款负债中，已有相当一部分流失，或以闲置资产、积压产品等形态存在，成为呆滞、甚至无法收回的不良借款；另一方面，随着负债比例的不断扩大，负债利率趋于上升，破产风险加大，增加了企业的经营风险。作者运用杜邦财务分折法，对企业资金结构进行了系统分析，并对企业负债经营的风险效益进行了深入研究，在此基础上，提出了调整资本结构，降低负债比例。
Government-owned corporations have been in a state of high liability for a long period.On the
one hand,certain part of liability has been lost or exists in the form of idle assets and
overstocking products,which become dead or bad debts that can not be withdrawn.On the other
hand,with the increasement of debt ratio,interest rates of debts are uprising and risks of
bankruptcy are increasing,thus,it increases operation risks.This paper implements Dubang
financial analysis method to thoroughly analyze the capital structure of enterprises and deeply
study the risk benefit of liability operation.On this basis,it presents suggestions on adjusting
capital structure,reducing debt ratio and reducing operation risks.
出处
《哈尔滨工程大学学报》
EI
CAS
CSCD
1999年第1期90-93,共4页
Journal of Harbin Engineering University
