偿债能力分析——珠海格力电器股份有限公司.pdfVIP

摘 要 在全球经济全球化和现代货币经济中，债务管理已经成为当前企业重要的工 具和战略。企业必须有足够的资金去不被战胜，而且为了融资，举债经营是每个 公司虽不是第一选择但是是企业的必备选项。举债经营在合理合法的范围运用， 能够发挥杠杆效应，有效的保障了各位股东的近期投资，但与此同时，债权过大 也会给企业的财务产生漏洞，甚至有可能接近倒闭。因此在投资之前，对企业清 偿债务能力进行客观评价，是为企业躲避风险做前期工作，保护企业利益的一种 有效方法。 本文以珠海格力电器股份有限公司 2015 年-2019 年的财务信息为例，分析 该公司的清偿债务偿债能力的强弱，分为近期清偿债务能力和远期清偿债务能力 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、产权比 率等指标，对该上市公司的负债情况进行分析和提出合理的建议。 关键词：短期偿债能力；长期偿债能力；格力电器 Abstract In the global economic globalization and modern monetary economy, debt management has become an important tool and strategy for enterprises. Companies must have enough capital not to be defeated, and in order to raise money, leverage is an essential part of every business. The use of debt management in a reasonable and legal scope can bring financial leverage benefits to the enterprise and effectively improve the return on shareholders equity. However, at the same time, too much debt will bring huge financial risks to the enterprise, or even close to bankruptcy. Therefore, it is an effective way to predict enterprise risks and protect enterprise interests to make a reasonable analysis of enterprise solvency before investment. Based on the Gree Electric Appliances, inc. of Zhuhai2015-2019s financial information, for example, the analysis of the companys short-term debt repayment ability strong and the weak, divided into the short-term solvency and long-term solvency of two parts, which combined with the current ratio, quick ratio, cash flow ratio, asset-liability ratio, equity ratio and other indexes, analyzes the listed companys liabilities and put forward reasonable Suggestions Key words: short-term solvency, long-term solvency, Gree Ele