Factor mufambo kuita: fomura. Financial kuongorora

Hazvina chakavanzika kutsiga mari mabasa chero basa kunobva zvikurukuru pamusoro kuverenga uye rinenge ratangwa rinofanira kupera bhizimisi mari mukati zvinhu. Ndokusaka nokuti Qualitative Kukoshesa zvinokosha kudzidza maumbirwo chepfuma, uyewo zvinyorwa yawo inotungamirwa uye zvikonzero shanduko kwavo. Panzira, muudzame, sezvo mutemo, kugadzirisa zvinokonzera kukanganisa dzemari mamiriro.

kunyatsoongorora chigadzirwa

Pakutanga, maererano nechiyero zvinokurudzirwa kuona zvachose Mari nemamiriro pfuma pane imwe nhau musi. Panguva iyi zvinokosha kuziva zvarakasiya nechimwe mhando pfuma nokuenzanisa mashoko pamusoro pakutanga uye kuguma nhau nguva. Zvinofanira kucherechedzwa kuti kudzidza kuchinja ari mamiriro hwakadzama vanoda mberi ngaaverenge nhamba nerimwe mhando zvavo nevakawanda mari, vakaisawo nechiyero jira, uyewo kudzidza zvinokonzera yacho STRUCTURAL kuchinja pfuma.

Danho rinotevera

Next, zvine musoro kufunga simba pakati nhamba kuitika uye zvisiri kuitika yesangano, uyewo kuverenga mufambo chinokonzera chepfuma. Zvakakunakirai chimiro chakadaro inferences kwakavakirwa date Masvomhu:

• Kana kuwedzera kuitika zvinhu uye kuderedza yatarwa yesangano marongerwo inogona kuchengetwa katsika kuti kumhanyisa negotiability pfuma yakaoma. In Muchiitiko ichi, kazhinji zvinoguma chikamu nokusunungurwa nzira uye yakananga pfupi-rokuti mari (Chokwadi, kana chikamu yakawedzera nyaya kuratidzwa).
• Kuti zvakakodzera munguva pfuma, unofanira kuverenga mufambo chinokonzera chepfuma. Ari achimiririrwa nhamba kukosha pfuma, ano zvinhu kuti kukosha pfuma. ). In tsika, zviri sezvinotevera: muistisiru = OA / XB (mufambo chinhu pfuma). The yemaitiro, sezvaungaona, iri nyore.

Chii chimwe?

The yokupedzisira danho rokutanga Danho iri kuverenga Kmoa. Factor yokushanda guru mufambo anoratidzwa kuva nhamba dzavo kunonyanyisa zvinoriumba mufambo (kwete chete mari, asi mari mubhizimisi) kusvika zvachose mari OA. Pazvese, kuwedzera coefficients kumusoro rakaisvonaka yekusimbisa kumhanyisa negotiability pfuma yakaoma marongerwo.

mufambo chinoita achiparadzira zvinoreva zviri sezvinotevera: Kmoa = (DS + CDPF) / OA.

Zvinofanira kucherechedzwa kuti pasi pamwero kufamba OA - kwete nguva dzose zvakaipa chinhu. Izvi mwero richadzokera pamusoro chigadzirwa mamiriro mukuru, kazhinji, pakero iri vakasununguka zviwanikwa richikura uye kuwedzera kugadzirwa.

Analysis okuwana zvinogona

Hazvina chakavanzika kuti dzemari chero mamiriro nokuda kwayo kugadzirwa mabasa. Ndokusaka unofanira zvakarurama kuongorora kugadzirwa mukana, izvo zvinofanira kusanganisira ongororo yayo:

• Fixed midziyo.
• Kushanda mberi.
• Property kwazvo mukugadzirwa zvinangwa.
• Prepaid mari.

Chinokosha ndechokuti ari pasi nyaya maingova zvinhu chaiwo ayo mamiriro. Ivo munguva nemamiriro simba iri kugadzirwa urongwa (kubvumira headroom uye t. D.).

Zvinoitwa kugadzirwa zvinogona

Kuti zvakanaka kuzozivisa kurimwa mukana, zvinotevera zviratidzi anoshandiswa:

• Movement, uyewo mugove yesangano kwazvo mukugadzirwa ngaaite zvachose zvinhu.
• Movement, uyewo wakananga uchishandisa uremu mune mari yesangano iri vachida.
• Factor Os kusakara.
• depreciation mwero avhareji ukoshi.
• Kuvapo emuchina, uyewo mugove guru mari, ukama hwavo zvemari.

zvakawanikwa

Kuwedzera mugove yesangano kwazvo mukugadzirwa zvinangwa pakupera kwegore uye hombe inorwara chokuita yesangano iri zvachose zvinhu mamiriro inowanzopiwa akati pamusoro nouchapupu kuwedzera mukurima chinzvimbo. Zvakakosha kuziva kuti nhamba iyi inofanira kuva kanenge 50 muzana (zvichienzaniswa hwaro, sezvinoita mutemo, tora bazi metrics mune mwero mazwi). Mugove kukosha pazvinhu zvavo mari mari mamiriro rinowanikwa sezvo nhamba iri residual kukosha uchishandisa mamiriro ezvinhu pachiyero pepa. kukarukureta yakadaro kazhinji pakutanga uye kuguma nhau nguva. Mhedziso Nhamba, izvo mumatauriro pachisara tichienzanisa mureza (kuhupenyu kuti zvivako zvose ane bhizimisi).

Mushure pakuverenga kuti vapfeke coefficient (nemamwe mazwi, damping) aumba Qualitative zvechadenga kuchinja ayo. Kuti zvakanaka kuongorora kusimba Os depreciation exchange akashandisa avhareji depreciation mwero (nhamba depreciation kuti chitsama yepakutanga Mari Os).

Kuongororwa anoumba uye nesimba pamusoro Mobile

Zvichienderana Kuongorora nemamiriro foni rinoreva (., Onai pamusoro mufambo chokufunga pfuma) zvinobatsira kufunga kuchinja kwakaitika Os zvarwo nemashoko, pashure iyo - panotaurwa nyaya chaizvo. Zvakakodzera kuti funga chikuru zvinokonzera kuchinja kushanda guru:

• Profit (mushure mitero zvose vanobhadharwa).
• Depreciation.
• Kuwedzera pachake mari yekambani.
• Kukwidza chikwereti pamusoro zvikwereti kana zvikwereti.
• Kuwedzera wazvipira mune rusarura munhoroondo kunyorerwa.

The kuderera kushanda guta

The huru Zvikonzero ndiwo rutapudzo kwekushanda guru zvinhu zvinotevera:

• Vamwe mari kufukidzwa mari yasara iri kurasa imwe maumbirwo.
• Capital upfumi.
• Long-izwi upfumi dzemari.
• A chinokosha kuderera munhoroondo kunyorerwa.

Zvinofanira kucherechedzwa kuti kamwe rairatidza Mhedziso Nhamba uye akaita kunopindirana kupima, zvakakodzera kuverenga tsika kushandiswa zvinobudirira pfuma.

The coefficient refu dzemari rusununguko

Sezvataurwa pamusoro apa, kuongorora zvaigona kuzowedzera rinoshandiswa wandei zviratidzo. Factor mufambo pfuma, kunokurukurwa kumusoro, rinotsanangura indasitiri-chaicho marongerwo. Asi dzezvoupfumi, pane zvinhu zvinoverengeka inoshandiswa mukurima kuongorora. Saka, nhamba nokururama uye kwenguva refu munataisireva kune zvachose zvinhu zvinoratidza mugove pachavo mari mu yaipedzerwa zvinyorwa zvemari. Pazvese, zvavakabvumirana ukoshi hazvisi 0.8-0.9. Kugadzikana chikonzero - zita esayenzi reshiyo ichi. Maererano Russian chizvidavirire nhau zvazvingava rinowanikwa sezvinotevera:

(SK + kuti) / XB = (p. 1300, chimiro 1 + p. 1400, Form 1) / p. 1700, Form 1.

ongororo chakarurama

Kugadzikana chikonzero kakawanda vakaongorora mu simba. Saka, kuwedzera kuitika inogona kurondedzerwa mabhizimisi kukura mamiriro, kuwedzera ayo kugadzirwa kugona, kushanda zvakanaka uye muitiro kuzvidzora. Zvinonzwisisika kuti kuderera kwemitambo reshiyo izvi zvinoratidza vasanyanye turnover ukuwo, slowdown marongerwo. Zvakakosha kuziva kuti kufadza pamwero zvoupfumi kukura, kambani anogona kuzadzisa chete kana zvichiguma Purofiti vari reinvested (kureva midzi).

Coefficient kuti kusauka wokufembera

Kana mangwanani kuziva miedzo kudzikira mune dzemari nemamiriro uye kudzivirira panowanikwa insolvency Chokwadi, zvinobvira kuti kudzivisa pokuwa bhizimisi. Zviri kuti Pakadaro uye vakashandisa for mwero kusauka. Nzira iyi inowanzoshandiswa nokuda vaongorori rokuongorora solvency uye mukuru zvakanaka imwe kambani.

Chii chinorehwa neshoko kusauka? Maererano pfungwa kuisa mberi nenzira arbitral chekutonga izwi kunorondedzerwa se mufananidzo dzemari anokwereta, kana iye haana kukwanisa kusangana zvinodiwa chikwereti kana varege kubhadhara fanira kubhadhara.

ari kusauka muitiro une mbiri huru zvinangwa: kubviswa chikwereti chikwereti kune zvikwereti uye pakupora zvakakwana, uyewo mamwe nokusimbaradza mabasa chekambani. Kazhinji, nezvoupfumi vanotungamirirwa nzira nhatu kuti anogona kubatsira kuziva zvinoita rutapudzo iri solvency iri repamutemo. Pakati pavo, dzemaitirwe pakati solvency reshiyo, kufungidzira solvency ratios, uyewo pokushandisa ezvinhu zvinodiwa unformatted hunhu. Nzira idzi kuti tikwanise kuziva zvinobvira zvarakasiya richiri tanga, uye nokudaro kuwedzera neutralization pangozi. Idzowo yakananga kambani utariri gadziriro kuitira kudzivirira dambudziko, kusanganisira:

• Monitoring zvoupfumi ezvinhu achibudiswa chinoramba nenzira.
• Analysis vamwe zvarakasiya kubva mureza weboka yemabasa chekambani, uyewo tinyatsonzwisisa rwakadini kudzikira.
• Kuziva zvinoita kuti kukanganisa zvinhu.
• Kuziva nzira nokuda kudzoreredzwa sangano mari unongotaura.

Zvinofanira kucherechedzwa kuti chimwe chezvinhu zviratidzo upfumi insolvency of repamutemo ndiye unhinhi kuurayiwa chikwereti 'zvinotaurwa kwenguva mitatu kubva musi yokungotaura chokupika mitoro.

mhedziso

The dzemari repamutemo dzingave dzawirwa zvinhu zvose chinangwa uye kuzviitira. Vanokosha kufunga kuti kuva vakurumidze kuongorora mukana insolvency. Saka, kune kuzviitira zvinhu vanofanira zvinosanganisira Anti-kutengesa kwakawedzera mukufamba kutengeserana, ari rutapudzo nhamba "mutengo yakamboita", pasi pamwero profitability, kuwedzera imwe mari uye kuwedzera kuita. Objective zvinoongororwa pakuda sezvo kukwana kana kururama mishumo, avo chengetedzo, kuwedzera nhamba chikwereti yesangano kudivi debit, dzimwe hadzina kufambiswa zvakanaka nechiyero jira, uyewo kukura illiquidity (kunyange nezvishoma).