external gearing

简明释义

外啮合

英英释义

例句

1.Analysts recommend maintaining a balanced external gearing 外部杠杆比率 to ensure long-term stability.

分析师建议保持平衡的external gearing 外部杠杆比率以确保长期稳定。

2.Investors often look at external gearing 外部杠杆比率 to assess the financial risk associated with a company.

投资者通常会关注external gearing 外部杠杆比率来评估与公司相关的财务风险。

3.The company's external gearing 外部杠杆比率 is higher than the industry average, indicating a greater reliance on debt financing.

该公司的external gearing 外部杠杆比率高于行业平均水平，表明对债务融资的依赖程度更大。

4.To improve its external gearing 外部杠杆比率, the firm decided to pay down some of its outstanding loans.

为了改善其external gearing 外部杠杆比率，该公司决定偿还部分未偿贷款。

5.A high external gearing 外部杠杆比率 can indicate that a company is aggressively pursuing growth through debt.

高external gearing 外部杠杆比率可能表明公司正在通过债务积极追求增长。

作文

In the world of finance and business, understanding various financial concepts is crucial for making informed decisions. One such concept is external gearing, which plays a significant role in determining a company's financial health and its ability to leverage debt effectively. external gearing (外部杠杆) refers to the ratio of a company's debt to its equity, providing insights into how much of the company's capital is financed through external borrowing as opposed to internal funds. This ratio is particularly important for investors and stakeholders who are assessing the risk and return associated with their investments.When a company employs external gearing, it essentially borrows funds from external sources, such as banks or bondholders, to finance its operations or growth initiatives. This can be an effective strategy for companies looking to expand quickly without diluting ownership by issuing more shares. However, high levels of external gearing can also indicate increased risk, as the company must ensure that it can meet its debt obligations even during challenging economic times.The implications of external gearing extend beyond just financial ratios; they can influence a company's overall strategy. For example, a firm with low external gearing may have more flexibility to take on new projects or invest in research and development since it relies less on borrowed funds. Conversely, a company with high external gearing might be more cautious about taking on additional debt, as it could lead to financial strain if not managed properly.Investors often look at external gearing as a key indicator of a company's risk profile. A balanced approach to financing, where a company maintains moderate levels of debt relative to equity, is generally viewed as favorable. This balance allows companies to benefit from the advantages of leveraging debt—such as tax deductions on interest payments—while minimizing the risks associated with over-leverage.Moreover, the industry context is vital when evaluating external gearing. Different sectors have varying norms regarding acceptable levels of debt. For instance, utility companies often operate with higher external gearing due to their stable cash flows and regulatory frameworks, while technology firms may prefer lower levels of debt to maintain agility and innovation.In conclusion, external gearing (外部杠杆) is a fundamental concept in corporate finance that reflects the relationship between a company's debt and equity. Understanding this ratio helps investors and managers make strategic decisions regarding capital structure, risk management, and long-term planning. As businesses navigate the complexities of financial markets, maintaining an optimal level of external gearing becomes essential for sustaining growth and ensuring financial stability.