gearing ratio

简明释义

组合率［资本与固定利息资本之间的关系］

英英释义

例句

1.A high gearing ratio 杠杆比率 can limit a company's ability to borrow more funds.

高gearing ratio 杠杆比率 可能限制公司的进一步借款能力。

2.Investors often look at the gearing ratio 杠杆比率 to assess financial risk.

投资者通常查看gearing ratio 杠杆比率 来评估财务风险。

3.The management team is focused on reducing the gearing ratio 杠杆比率 to improve financial stability.

管理团队专注于降低gearing ratio 杠杆比率 以改善财务稳定性。

4.The company's gearing ratio 杠杆比率 indicates a high level of debt compared to its equity.

该公司的gearing ratio 杠杆比率 表示其债务相对于股本的水平较高。

5.A lower gearing ratio 杠杆比率 may suggest that a company is less risky.

较低的gearing ratio 杠杆比率 可能表明公司风险较小。

作文

The concept of gearing ratio is crucial for understanding a company's financial structure and risk profile. Essentially, the gearing ratio measures the proportion of a company's borrowed funds to its equity capital. This ratio is significant because it provides insights into how much leverage a company is utilizing to finance its operations and growth. A high gearing ratio indicates that a larger portion of the company's financing comes from debt, which can be risky if the company faces downturns or cash flow issues. Conversely, a low gearing ratio suggests that the company relies more on equity financing, which may indicate a more stable financial position. To illustrate this concept further, let's consider two hypothetical companies: Company A and Company B. Company A has a gearing ratio of 80%, while Company B has a gearing ratio of 30%. This means that Company A is heavily reliant on debt to fund its operations, whereas Company B has a more balanced approach to financing. Investors often prefer companies with lower gearing ratios as they are perceived to be less risky. However, it is essential to note that some industries are more capital-intensive and may naturally have higher gearing ratios.Moreover, the gearing ratio can also influence a company's cost of capital. A higher gearing ratio may lead to higher interest rates on borrowed funds, as lenders perceive a greater risk in lending to companies with substantial debt levels. This situation can create a cycle where high debt leads to higher costs, which can further strain a company's finances. On the other hand, a company with a lower gearing ratio may enjoy lower borrowing costs and better access to financing options.In conclusion, understanding the gearing ratio is vital for both investors and company management. It serves as a key indicator of financial health, risk exposure, and overall business strategy. By analyzing the gearing ratio, stakeholders can make informed decisions regarding investments, financing, and corporate governance. As such, maintaining an optimal gearing ratio is essential for long-term success and sustainability in the ever-evolving business landscape.

了解gearing ratio（杠杆比率）的概念对于理解公司的财务结构和风险状况至关重要。基本上，gearing ratio衡量公司借入资金与其股本的比例。这个比率很重要，因为它提供了公司为其运营和增长融资所利用的杠杆程度的见解。高gearing ratio表明公司更大比例的融资来自债务，这在公司面临经济下滑或现金流问题时可能会带来风险。相反，低gearing ratio则表明公司更多依赖股权融资，这可能表明其财务状况更为稳定。为了进一步说明这一概念，让我们考虑两个假设的公司：公司A和公司B。公司A的gearing ratio为80%，而公司B的gearing ratio为30%。这意味着公司A在很大程度上依赖债务来资助其运营，而公司B则采取了更平衡的融资方式。投资者通常更喜欢低gearing ratios的公司，因为它们被认为风险较小。然而，必须注意的是，一些行业是资本密集型的，可能自然具有更高的gearing ratios。此外，gearing ratio还可以影响公司的资本成本。较高的gearing ratio可能导致借款利率上升，因为贷方在向债务水平较高的公司贷款时感知到更大的风险。这种情况可能会形成一个循环，高债务导致高成本，从而进一步压迫公司的财务状况。另一方面，拥有较低gearing ratio的公司可能享有较低的借款成本和更好的融资选择。总之，理解gearing ratio对投资者和公司管理层都至关重要。它作为财务健康、风险暴露和整体商业战略的关键指标。通过分析gearing ratio，利益相关者可以就投资、融资和公司治理做出明智的决策。因此，保持最佳的gearing ratio对于在不断变化的商业环境中实现长期成功和可持续性至关重要。