银鸽集团偿债能力分析 财务管理毕业论文.docxVIP

PAGE \* ROMAN III 摘 要 随着生活水平的提高，人们对纸制品的质量有了更高的追求。拥有充足的资金量是企业在激烈的市场竞争中胜出的前提条件，为了筹集足够的资金，举债经营成为企业的必然选择。所以，一旦出现无法偿还的到期债务，企业将会面临财务危机，更有甚者，可能有破产的危险。因此，企业偿债能力的研究具有极为重要的现实意义。 举债经营的合理运用，有助于提高企业的经济利益，增强企业在市场中的竞争力，进而促进企业持续快速发展。文章在阅读大量国内外文献的基础上，以银鸽集团为案例公司，以企业2013-2017年的实际数据为依据，通过案例分析法、文献研究法等研究方法，分析了偿债能力的相关比率指标,分析发现企业存在现金流量过低，企业制定的偿债计划不合理，盈利能力不足等问题。 针对以上问题提出相对应的政策：提高现金流量比率，制定合理的偿债计划，提高盈利能力。希望通过研究有助于提升该公司偿债能力，进而推动企业快速健康发展，同时希望有助于同类型企业规避债务风险，提升风险防御能力。 关键词：长期偿债能力；短期偿债能力；利息保障倍数；盈利能力Abstract As daily life gets better and better, people have higher requirements on the quality of paper products. Having sufficient capital is the prerequisite for the competitive advantage that the enterprise wins. In order to raise enough funds, operation with borrowed capital(OWBC) has become the inevitable choice of enterprises. So that, once the maturing debt can not be repaid, the enterprise will face a greater financial crisis, and even face the risk of bankruptcy when it is serious. Therefore, analyzing solvency is very important. The rational use of OWBC can help the enterprise to obtain more benefits, enhance the competitive of enterprises in the market, and then promote the development of the production management of the enterprises. On the basis of numerous domestic and foreign researches, based on the actual data of Sliver Pigeon Group from 2013 to 2017, this paper adopts the research methods of case analysis, literature research and so on. The related indexes of solvency are analyzed. It concludes that there are some problems in the enterprise, such as low cash flow, the enterprise is facing greater debt repayment pressure, insufficient profitability, and so on. To solve the above problems, the corresponding policies are put forward:the cash flow ratio, formulate a reasonable debt repayment plan and improve profitability. It is hoped that analysis can improve the solvency of enterprises, and then enterprise better development. At the same time, it is hoped that it will help the same t