TCL通讯科技控股有限公司 负债经营下的财务风险分析.docVIP

TCL通讯科技控股有限公司 负债经营下的财务风险分析 TCL通讯科技控股有限公司负债经营下的财务风险分析 摘 要 现代社会,企业之间的竞争日益激烈,企业只有盈利,才能生存,才能发展。负债经营作为资本成本较低的外部筹资方式，不仅能够及时满足资金要求，还会带来额外的收益。并且在企业的生产经营过程中，总有各种各样的情况需要资金，而单靠企业内部积累的自有资金，不仅在时间上不允许，而且在数目上也难以适应其发展的需要；所以，企业在资金不足的情况下，负债经营可以运用更大的资金力量扩大企业规模和经济实力，提高企业的运行效率和竞争力。除此之外，负债经营还可以提高企业的市场竞争能力，扩大生产规模，使企业得到财务杠杆效益，获得节税效益，减少货币贬值的损失，降低综合资金成本。但是同时负债经营也增加了企业的财务风险。因此，企业要利用好负债经营与财务风险之间的关系，建立有效的负债财务风险防范机制。使企业财务风险控制在最低限度，以最大限度地获取利益。 关键词：负债经营；财务风险；分析 Abstract In modern society, the increasingly fierce competition between enterprises, enterprises only profit, in order to survive, to develop. As the external debt management capital and low cost of financing, not only to meet capital requirements, will bring additional revenue. And in the enterprise production and operation process, there is always a variety of situations needs capital. The internal accumulation of its own funds, not only not allowed in time, but also in number is also difficult to adapt to the needs of the development of enterprises; therefore, in the case of insufficient funds, debt management may use more funds to expand the enterprise scale and economic strength, improve the operation efficiency of enterprises and competitiveness in addition. In addition, the debt management can enhance the enterprise market competition ability, expand the scale of production, so that enterprises have the financial leverage, access to tax benefits, reduce the loss of currency depreciation, To reduce the overall cost of capital. But at the same time debt management also increased the financial risk of the enterprise. Therefore, enterprises should use the relationship between good debt management and financial risk, establish effective liabilities and financial risk prevention mechanism. Make the enterprise’s financial risk control to a minimum, to maximize the profit. Key Words：Operation on borrowings ; Financial risk ; Analysis