Mô hình quản lý vốn chủ sở hữu
Quote from bsdinsight on 16 November 2023, 07:55𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗡𝗔𝗚𝗘𝗠𝗘𝗡𝗧 𝗦𝗨𝗠𝗠𝗔𝗥𝗜𝗭𝗘𝗗:
Each type of capital serves a specific purpose in the financial and operational management of a
company.Why each is vital for different aspects of a business’s health and performance?
✔️ 𝗡𝗲𝘁 𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 (𝗡𝗪𝗖)
𝗦𝗵𝗼𝗿𝘁-𝘁𝗲𝗿𝗺 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗛𝗲𝗮𝗹𝘁𝗵
NWC represents a company’s ability to meet its short-term obligations with its short-term assets. It’s crucial for ensuring the company has enough liquidity to operate on a day-to-day basis.
𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆
Adequate NWC is necessary for smooth operations, such as maintaining inventory, managing supplier payments, and handling customer receivables.
✔️ 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗱
𝗟𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗠𝗲𝗮𝘀𝘂𝗿𝗲𝗺𝗲𝗻𝘁
Capital employed reflects the total capital that a company has used to generate profits. It’s a measure of investment made in the business.
𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗕𝗲𝗻𝗰𝗵𝗺𝗮𝗿𝗸𝗶𝗻𝗴
By comparing returns on capital employed (ROCE) to the capital invested, businesses can gauge how efficiently they are using their resources to generate earnings.
✔️ 𝗜𝗻𝘃𝗲𝘀𝘁𝗲𝗱 𝗖𝗮𝗽𝗶𝘁𝗮𝗹
𝗪𝗵𝗼𝗹𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀
Invested capital takes into account both equity and debt financing, providing a comprehensive view of a company’s total capital.
𝗥𝗲𝘁𝘂𝗿𝗻 𝗼𝗻 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 (𝗥𝗢𝗜) 𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁
It’s used to determine the overall returns a company is generating on the capital provided by both shareholders and debt holders.
✔️ 𝗘𝗾𝘂𝗶𝘁𝘆
𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗩𝗮𝗹𝘂𝗲
Equity represents the value that would be returned to shareholders if all the assets were liquidated and all the debts were paid off. It reflects the owners’ stake in the company.
𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗖𝗿𝗲𝗱𝗶𝘁𝘄𝗼𝗿𝘁𝗵𝗶𝗻𝗲𝘀𝘀
A strong equity base can enhance a company’s stability and its ability to borrow. It indicates the cushion available to absorb losses.
𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗥𝗮𝗶𝘀𝗶𝗻𝗴
Equity can be used to raise new capital through issuing shares, without increasing the company’s debt burden.
𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗡𝗔𝗚𝗘𝗠𝗘𝗡𝗧 𝗦𝗨𝗠𝗠𝗔𝗥𝗜𝗭𝗘𝗗:
Each type of capital serves a specific purpose in the financial and operational management of a
company.
Why each is vital for different aspects of a business’s health and performance?
✔️ 𝗡𝗲𝘁 𝗪𝗼𝗿𝗸𝗶𝗻𝗴 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 (𝗡𝗪𝗖)
𝗦𝗵𝗼𝗿𝘁-𝘁𝗲𝗿𝗺 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗛𝗲𝗮𝗹𝘁𝗵
NWC represents a company’s ability to meet its short-term obligations with its short-term assets. It’s crucial for ensuring the company has enough liquidity to operate on a day-to-day basis.
𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆
Adequate NWC is necessary for smooth operations, such as maintaining inventory, managing supplier payments, and handling customer receivables.
✔️ 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗱
𝗟𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗠𝗲𝗮𝘀𝘂𝗿𝗲𝗺𝗲𝗻𝘁
Capital employed reflects the total capital that a company has used to generate profits. It’s a measure of investment made in the business.
𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗕𝗲𝗻𝗰𝗵𝗺𝗮𝗿𝗸𝗶𝗻𝗴
By comparing returns on capital employed (ROCE) to the capital invested, businesses can gauge how efficiently they are using their resources to generate earnings.
✔️ 𝗜𝗻𝘃𝗲𝘀𝘁𝗲𝗱 𝗖𝗮𝗽𝗶𝘁𝗮𝗹
𝗪𝗵𝗼𝗹𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀
Invested capital takes into account both equity and debt financing, providing a comprehensive view of a company’s total capital.
𝗥𝗲𝘁𝘂𝗿𝗻 𝗼𝗻 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 (𝗥𝗢𝗜) 𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁
It’s used to determine the overall returns a company is generating on the capital provided by both shareholders and debt holders.
✔️ 𝗘𝗾𝘂𝗶𝘁𝘆
𝗢𝘄𝗻𝗲𝗿𝘀𝗵𝗶𝗽 𝗩𝗮𝗹𝘂𝗲
Equity represents the value that would be returned to shareholders if all the assets were liquidated and all the debts were paid off. It reflects the owners’ stake in the company.
𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗮𝗻𝗱 𝗖𝗿𝗲𝗱𝗶𝘁𝘄𝗼𝗿𝘁𝗵𝗶𝗻𝗲𝘀𝘀
A strong equity base can enhance a company’s stability and its ability to borrow. It indicates the cushion available to absorb losses.
𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗥𝗮𝗶𝘀𝗶𝗻𝗴
Equity can be used to raise new capital through issuing shares, without increasing the company’s debt burden.
