.非财务人员之财务管理.pptVIP

Current ratio  1.Current ratio = Current assets/ Current Liability Normal = 120% Better : 150% 2.Working Capital = A/R + Inventory - A/P If A/R + Inventory A/P A/R : too long / overdue Inventory : Process , JIT , Idle , Business model ---- Cash out / loan exposure ** Focus on CCC management Leverage Leverage = Total liability / Equity Normal = 1 Better = 0.8 If : Total liability Equity - Working capital out of control - P L contribution can not support capital expenditure -- ROA - Long term investment is not efficiency --