ppt课件-capitalstructureanalysis-pearsonhighered.pptVIP

CAPITAL STRUCTURE ANALYSIS Chapter 14 CHAPTER 14 OBJECTIVES Describe the advantages and disadvantages of financial leverage. Compute the financial leverage index, debt to capital ratio, debt to equity ratio, and other techniques for analyzing capital structure. Relate capital structure composition to owner and creditor investment objectives. CHAPTER 14 OBJECTIVES (CONT.) Discuss the various types of risks and their role in capital structure analysis. Present a preliminary capital structure analysis for a company or industry. OBJECTIVE FOR ANALYZING CAPITAL STRUCTURE To determine if the pro