偿债能力分析毕业论文

关于太原重工股份有限公司偿债能力分析的探讨I摘要在全球经济一体化和现代信用经济的条件下，举债经营已成为现代企业重要的融资手段和策略。企业想要立于不败之地，就必须有足够的资金，而为了筹集资金，负债经营是每个企业都必不可免的一条路。举债经营的合理运用，能够给企业带来财务杠杆效益，有效地提高股东权益报酬率，但与此同时，债务也会给企业带来巨大的财务风险，甚或破产的风险。因此，在投资之前，对企业偿债能力进行合理的分析，是企业预测风险、保护企业利益的一种有效方法。本文以太原重工股份有限公司2008年-2011年的财务信息为例，运用比率分析的方法，分析该公司偿债能力的强弱，分为短期偿债能力分析和长期偿债能力分析两大部分，其中结合流动比率、速动比率、现金流量比率、资产负债率、股东权益比率等指标，对该上市公司的债务状况能力进行分析及提出合理的建议。关键词：太原重工；偿债能力分析；影响因素；资产负债表关于太原重工股份有限公司偿债能力分析的探讨IIAbstractAstheglobaleconomicintegrationandmoderncreditthedevelopmentoftheeconomy,Debtmanagementhasbecomeamodernenterprisesignificantfinancialmeansandstrategy.Enterprisewantstobethewinner,theymusthaveenoughfund.Forraisingfund,liabilitiesforoperationisainevitablewayforeachenterprise.Debtmanagementofthereasonableapplication,Canbringstotheenterprisefinancialleveragebenefits,Effectivelyimprovetheequityreturnrateofshareholders，atthesametime,Potentialfinancialrisksofdebtwillbebroughttotheenterprise，Orbankruptcy.Beforetheinvestment,toanalysisenterprisedebtpayingability,isaneffectivewayforenterprisestopredictriskandprotectthebusinessinterests.Inthisarticle,forexamplethefinancialinformationofTaiyuanheavyindustryCompanybetween2008and2011,Useratiobasedmethodtoanalyzetheabilitytopayoffdebtsofthiscompany.Itdivideintotwobigparts,whichincludeshort-termdebtpayingabilityanalysisandshort-termdebtpayingabilityanalysis.Amongofthese,combinationwithindexes,suchascurrentratio,quickratioandsomeotherratiosinvolvecashflow,debt-to-assets,stockholders'equityandsoon.Then,analyzethedebtsituationsandabilitiesofthislistedcompanyandgivesomereasonableadvices.Keywords:TaiyuanHeavyIndustrial;debt-payingabilityanalysis;influencefactors;Balancesheet关于太原重工股份有限公司偿债能力分析的探讨III目录摘要...........................................................................................................................................IAbstract......................................................................................................................................II目录III绪论..........................................................................................................................................11偿债能力的概述.....................................................................................................................21.1偿债能力的概念和内容..............................................................................................21.2偿债能力分析的目的、必要性..................................................................................21.3偿债能力的主要因素..................................................................................................21.3.1影响短期偿债能力的主要因素........................................................................21.3.2影响长期偿债能力的主要因素........................................................................31.4太原重工股份有限公司简介......................................................................................42太原重工股份有限公司偿债能力分析.................................................................................52.1短期偿债能力分析及影响因素..................................................................................52.1.1短期偿债能力分析............................................................................................52.1.2短期偿债能力分析的影响因素及结果............................................................82.2长期偿债能力分析及影响因素..................................................................................92.2.1长期偿债能力分析............................................................................................92.2.2长期偿债能力分析的影响因素及结果..........................................................123加强太原重工股份有限公司偿债能力的建议...................................................................143.1加强短期偿债能力的建议........................................................................................143.1.1加快应收账款和存货的周转..........................................................................143.1.2提高现金流量水平..........................................................................................153.1.3制定合理的偿债计划......................................................................................153.2加强长期偿债能力的建议........................................................................................153.2.1优化资本结构..................................................................................................153.2.2提高盈利能力..................................................................................................163.2.3加强管理层的素质及能力..............................................................................16结论........................................................................................................................................17关于太原重工股份有限公司偿债能力分析的探讨IV致谢........................................................................................................................................18参考文献..................................................................................................................................19Appendix..................................................................................................................................20