cost of retained earnings

简明释义

收益留存成本

英英释义

例句

1.When calculating the cost of retained earnings 留存收益的成本, it’s important to consider the opportunity cost of not paying dividends.

在计算留存收益的成本时，考虑不支付股息的机会成本是很重要的。

2.Investors often look at the cost of retained earnings 留存收益的成本 to evaluate the company's financial health.

投资者通常会关注留存收益的成本来评估公司的财务健康状况。

3.The cost of retained earnings 留存收益的成本 can influence how much new equity the firm decides to issue.

这留存收益的成本可能会影响公司决定发行多少新股本。

4.The company decided to use its profits for expansion, considering the cost of retained earnings 留存收益的成本 as a crucial factor in their decision.

公司决定利用其利润进行扩张，认为留存收益的成本是他们决策中的一个关键因素。

5.Management should regularly assess the cost of retained earnings 留存收益的成本 to ensure optimal capital structure.

管理层应定期评估留存收益的成本以确保最佳资本结构。

作文

The concept of cost of retained earnings is crucial for businesses and investors alike. It refers to the opportunity cost associated with retaining earnings rather than distributing them as dividends to shareholders. Essentially, it represents the return that shareholders expect from their investment in the company. When a company decides to reinvest its profits instead of paying them out, it needs to consider what those profits could have earned if distributed to shareholders. This is where the cost of retained earnings comes into play. In financial management, understanding the cost of retained earnings helps companies make informed decisions about their capital structure and investment opportunities. For instance, if a business retains earnings to finance a new project, it must ensure that the expected return on that project exceeds the cost of retained earnings. If the project does not generate a sufficient return, the company may have made a poor decision by not paying out dividends. Moreover, the cost of retained earnings can also influence a company's stock price. Investors often look for signs that a company is effectively using its retained earnings to create value. If they perceive that the retained earnings are being used wisely and are expected to generate higher returns, they may be more inclined to invest in the company. Conversely, if investors believe that the company is not utilizing its retained earnings effectively, they may demand a higher return, which could ultimately lower the stock price. Calculating the cost of retained earnings typically involves using models such as the Capital Asset Pricing Model (CAPM). This model takes into account the risk-free rate of return, the expected market return, and the company's beta, which measures its volatility compared to the market. By applying these factors, companies can estimate the return required by shareholders, which serves as the cost of retained earnings. In conclusion, the cost of retained earnings is an important financial metric that plays a significant role in corporate finance. By understanding this concept, companies can make better decisions regarding their reinvestment strategies and communicate more effectively with their investors. As businesses strive for growth and sustainability, recognizing the implications of retaining earnings versus distributing them is essential for long-term success. Ultimately, the cost of retained earnings reflects not only the expectations of shareholders but also the strategic direction of the company itself.

“留存收益的成本”这一概念对企业和投资者来说至关重要。它指的是保留收益而不是将其分配给股东作为红利的机会成本。实质上，它代表了股东对公司投资的预期回报。当一家公司决定将利润再投资而不是支付红利时，它需要考虑如果分配给股东，这些利润可能获得的收益。这就是“留存收益的成本”发挥作用的地方。在财务管理中，理解“留存收益的成本”有助于公司在资本结构和投资机会方面做出明智的决策。例如，如果一家公司保留收益来资助一个新项目，它必须确保该项目的预期回报超过“留存收益的成本”。如果项目未能产生足够的回报，公司可能在不支付红利的情况下做出了错误的决策。此外，“留存收益的成本”还可以影响公司的股票价格。投资者通常会寻找公司有效利用留存收益创造价值的迹象。如果他们认为留存收益被明智地使用并且预计会产生更高的回报，他们可能更倾向于投资该公司。相反，如果投资者认为公司未能有效利用留存收益，他们可能要求更高的回报，这最终可能会降低股票价格。计算“留存收益的成本”通常涉及使用资本资产定价模型（CAPM）。该模型考虑无风险回报率、预期市场回报率以及公司的贝塔系数，后者衡量公司与市场相比的波动性。通过应用这些因素，公司可以估算股东所需的回报，这构成了“留存收益的成本”。总之，“留存收益的成本”是一个重要的财务指标，在公司财务中发挥着重要作用。通过理解这一概念，公司可以更好地决策其再投资策略，并与投资者进行更有效的沟通。随着企业追求增长和可持续发展，认识到保留收益与分配收益之间的影响对于长期成功至关重要。最终，“留存收益的成本”不仅反映了股东的期望，也反映了公司的战略方向。