企业流动性比率分析：流动比与速动比.pdfVIP

RatiosAnalysis-3basicratioanalysis

1)Liquidityratio

a.CurrentRatio

Thecurrentratioisaliquidityratiothatmeasuresacompanysability

topayshort-termandlong-termobliions.Togaugethisability,the

currentratioconsidersthetotalassetsofacompany

(bothliquidandilliquid)relativetothatcompany’stotalliabilities.

Theformulaforcalculatingacompany’scurrentratio,then,is:

CurrentRatio=CurrentAssets/CurrentLiabilities

b.QuickRatio

Thequickratioisanindicatorofacompany’sshort-termliquidity.

Thequickratiomeasuresacompany’sabilitytomeetitsshort-term

obliionswithitsmostliquidassets.Forthisreason,theratio

excludesinventoriesfromcurrentassets,andiscalculatedasfollows:

Quickratio=(currentassets–inventories)/currentliabilities,or

=(cashandequivalents+marketablesecurities+accountsreceivable)/

currentliabilities

比率分析‑3种基本比率分析

1）流动比率

a.流动比率

流动比率是衡量公司支付短期和长期能力的流动比率。为了衡量这种能力，

流动比率考虑了公司的总资产（包括流动性和非流动性）相对于该公司的总负债。

公司流动比率的计算为：

流动比率=流动资产/流动负债

b.速动比率

速动比率是衡量公司短期流动性的指标。速动比率衡量公司利用其流动性最强

的资产履行短期的能力。因此，该比率不包括流动资产中的存货，计算如

‑存货）/流动负债，或=（现金及等价物+有价

下：速动比率=（流动资产

+应收账款）/流动负债

c.OperatingCashFlow

Ratio

Ameasureofhowwellcurrentliabilitiesarecoveredbythecashflow

generatedfromacompanysoperations.

Formula:

2)Solvencyratio(Leverageratio)

a.Debt/EquityRatio

Debt/EquityRatioisadebtratiousedtomeasureacompanys

financialleverage,calculatedbydividingacompany’stotalliabilitiesby

itsstockholdersequity.TheD/Eratioindicateshowmuchdebtacompany

isusingtofinanceitsassetsrelativetotheamountofvaluerepresentedin

shareholders’equity.

Theformulaforca