Financial gearing_ACCA考试FM知识点

Financial gearing_ACCA考试PM知识点来啦！2021年ACCA考试时间越来越近，小编为大家整理了Financial gearing_ACCA考试PM知识点，希望能够帮助到大家。

【科目】

ACCA-PM

【知识点】

Financial gearing 

Financial gearing 

1. Calculation: D/E ratio, interest cover 

2. State the situation: compare with prior year and industry average 

3. Reason: 

D/E ratio 

√New issue/redemption finance 

√Retained profit for the year 

√Revaluation 

Interest cover 

√New debt issue increase the finance cost 

√ Increase in PBIT 

4. Consequence 

√D/E ratio increase: financial risk increase 

√Interest cover decrease: company is not safe enough to pay interest 

√Debtholders: concern about the default risk, company will be difficult to raise further debt finance. 

√Shareholder: concern about the financial risk, they may require more return on equity. 

√Redemption: company should consider the redemption of debt finance, whether they have adequate cash. 

以上就是小编为大家整理的Financial gearing_ACCA考试PM知识点了，希望大家能够认真学习，倒计时，预祝到家顺利通过ACCA考试。

注：以上内容来自Danielle Liu老师冲刺班

本文为正保会计网校在线原创文章，转载请注明

· 更多资讯：