Gearing(杠桿比率)是什么_2023年ACCA考試FM知識(shí)點(diǎn)

來源：東奧會(huì)計(jì)在線責(zé)編：田彤2023-03-17 09:08:45

縱有疾風(fēng)起，人生不言棄。acca課程有15門，同學(xué)們需通過13門才能獲得領(lǐng)取acca證書的資格。同學(xué)們需認(rèn)真?zhèn)淇?，學(xué)習(xí)基礎(chǔ)知識(shí)點(diǎn)，爭取一次通過。今天為同學(xué)們整理了FM科目Gearing(杠桿比率)相關(guān)知識(shí)點(diǎn)，準(zhǔn)備參加考試的同學(xué)們來看看吧。

【內(nèi)容導(dǎo)航】

Gearing-杠桿比率

【知識(shí)點(diǎn)】

Gearing-杠桿比率

The significance of financial gearing

Financial gearing is an attempt to quantify the degree of risk involved in holding equity shares in a company, both in terms of the company's ability to remain in business and in terms of expected ordinary dividends from the company.

The more geared the company is, the greater the risk that little (if anything) will be available to distribute by way of dividend to the ordinary shareholders. Interest and preference dividends on debt must continue to be paid regardless of the company's profits. A high financial gearing therefore means the company is more vulnerable to poor trading conditions.

There is therefore greater volatility of amount of earnings available for ordinary shareholders, and greater volatility in dividends paid to those shareholders where a company is highly geared. That is the main financial risk with high gearing. You may do extremely well or extremely badly, without a particularly large movement in the profit from operations of the company.

最怕一生碌碌無為，還安慰自己平凡可貴。以上就是為大家整理的acca考試相關(guān)知識(shí)點(diǎn)了，2023年6月ACCA考試在即，同學(xué)們要抓緊時(shí)間復(fù)習(xí)。

注：以上內(nèi)容來自Echo老師FM精講班第26講

(本文為東奧會(huì)計(jì)在線原創(chuàng)文章，僅供考生學(xué)習(xí)使用，禁止任何形式的轉(zhuǎn)載)

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