Professional Documents
Culture Documents
công thức tài chính doanh nghiệp
công thức tài chính doanh nghiệp
công thức tài chính doanh nghiệp
= =
h: So ngay (8GO, OO, 8O)
1.8 Mur IIaI kIam VL
0
1
1
0
1
1
1
0 1
1
) (
L
M
VLD
L
M
L
M
K K
N
M
V
tk
= = =
Z hIE0 80kT 80 0h V6.
2.1- Hiu sut s dng VC
bq
VLD
DTthuan
HSSDVCD =
V6 bq = (V6 dk + V6 rk)l Z
2.1 hieu suat su dung TSCB:
0T thuan
hSS0
TSCB
=
h0 TSCB
bq
2.2 Ty suat lJi nhuan vCB:
Lh TT/ LhST
TSLh vCB =
vCB
bq
2.8 he so hao mon TSCB:
KhLK cua TSCB
hS hao
mon TSCB
=
h0TSCB
2.4 he so huy dong TSCB:
0T TSCB dang dung K0
hS huy
dong TSCB
=
0T TSCB hien co
2.5 Cac chi tieu ve ket cau TSCB: Banh gia muc
do hJ ly trong cJ cau TSCB duJc trang bi J
0h
8 hIE0 80kT 80 0h Vk 60k hF.
8.1 Ty suat lJi nhuan truJc thue va lai vay:
Lh TT + Lai vay
TS Lh vK0 truJc
thue & Lai vay
=
vK0 bq sd trong ky
8.2 Ty suat lJi nhuan vK0:
Lh TT
TS Lh vK0 =
vK0 bq sd trong ky
8.8 Ty suat lJi nhuan rong vK0:
Lh ST
TS LhR vK0 =
vK0 bq sd trong ky
8.4 Ty suat lJi nhuan rong vCSh:
Lh ST
TS LhR vCSh =
vCSh bq sd trong ky
- D AO NH CA VkD CA DN:
1 Fh00h FhkF TY LE % TEh T.
Biet:
0oanh thu ky bao cao Ke hoach
Ty le tra lai co han
0oanh lJi doanh thu (R0S): g%
Thue suat Thue Th0h: T%
Ty le % giua cac khoan muc co quan he truc tie va
chat che den doanh thu.
TaI san % hguon von %
Tien Fhai tra nha cung ca
Fhai thu Fhai no ngan sach
vat tu hang hoa Fhai tra Chv
TSLB khac
k% 8%
hhu cau von bo sung ky Kh: 0elta S x(A%B%)=6
heu 0L 0T (R0S) khong thay doi (g%)
Lh TT = 0T 1 x g%
LhST = Lh TT x(1T%)
LhCL sau khi chia lai CF =
hhu cau vLB ky B/c can tang = 6
Z Fh00h FhkF 0 8k0 8kh 6h TIE0 k6 T0h.
0oanh thu = A
vong quay tong von =
a = 0T/ von SX
von SX = 0T/a
he so nJ = b% =
hFT/ Tong von
hJ hh = c% x tong hFT
2
hJ 0h = hFT hJ hh
vCSh = Tong hv hFT
hS TT hien thJi = d =
TSLB/ hJ hh
TSLB = hJ hh x d
hS TT nhanh = e =
Tien/ hJ hh
Tien = e x hJ hh
Ky thu tien trung binh
= = (Fhai thu x
8GO)/ 0oanh thu
BT
j
(1+ r)
=
(1+ r)
j
So sanh: RR r, = r & >r
4 Fh00h FhkF 6h 80 8Ihh L0I (I
p
)
(Profiatability Index)
Fv
Th
=
Fv
BT
S- THF TAl CHlNH, CO FHlF, TkAl
FHlF:
LkI 80kT
G thang: (1+r%)
2
1
0uy: (1+r%)
4
1
1 Th0E TkI 6hhh.
Tra cuoi nam (t
1
= t
O)
1 1 (1+ r)
T
h0 = A
(1+ r)
= A
r
Tra dau nam (t
1 #
t
O)
1 1 (1+ r)
T+1
h0 =A+ A
(1+ r)
= A+ A
r
Tinh duJc A
Z TkI FhIE0 (V0h 06 Tk 1 Lkh 600I kY).
von huy dong Menh
gia (F)
=
von goc
tra 1 lan
=
So Trai hieu hat hanh
Lai TF = C% x F
BuJng thang (Tra lai dinh ky):
1 F
Fv = C
(1+ r)
+
(1+ r)
1 (1+ r)
T
= C
r
+ F (1+ r)
T
TF Chiet khau (Khong tra lai dinh ky khau
tru vao gia TF):
1 F
Fv = C
(1+ r)
+
(1+ r)
8 60 FhIE0.
Mo binh 1 (Co tuc khong doi):
0 0: Co tuc = LS x Menh gia
F
o
=
r r : LS thi truJng=LSCK=CFS0v
Mo binh 2 (Co tuc tang deu):
0
o
g: Tocdo tang truJng
F
o
=
r g
Mo binh 8 (Co tuc tang khong deu):
0
F
n
Fv =
(1+ r)
+
(1+ r)
n
F
n
: Menh gia CF
nam thu n
6- CHl FHl S DNG VON:
S
1. 6hI Fh 80 0h V0h VkY.
Lai va von goc tra dinh ky (ThueTC,vay hh)
1 (1+ r)
T
r
1
(r1)
h0 = A
r r
2
(r2)
(r1)
r = r
1
+ (r
2
r
1
)
x
(r1)
+
(r2)
Lai tra dinh ky von goc tra 1 lan khi dao
han (Trai hieu)
BuJng thang FhuJng trinh
Chiet khau
hoi suy
Z. 6hI Fh 80 0h V0h 8k0 Th0E.
r
s
= r (1 T%)
8. 6hI Fh 80 0h V0h T0 60.
8.1 oI voI ro phIau 0u daI.
0 0
F
o
=
r
=
F
o
8.Z oI voI ro phIau Ihuong.
Mo binh 1 (Co tuc khong doi):
0
o
r =
F
o
Mo binh 2 (Co tuc tang deu):
0
1
0
1
F
o
=
r g
r =
F
o
+ g
Mo binh 8 (Co tuc tang ko deu) hoi suy
0
i
F
n
F
o
=
(1+ r)
i
+
(1+ r)
n
8.8 LoI nhuan gIu IaI bo sung VT6.
CFS0v (Lh0L) = CFS0v (CFT)
8.4 FhaI hanh ro phIau Ihuong moI.
Fhat sinh chi hi hat hanh g%
Mo binh 1 (CFuB & CFY khong tang)
0
o
r
r
M
=
F
o
(1 )
=
(1 )
Mo binh 2 (Tang deu )
0
1
r
M
=
F
o
(1 )
+ g
4. 6hI Fh 80 0h V0h 8hh 0kh.
w
i
: Ty trong nguon von
wACC = w
i
x r
i
r
i
: CFS0v vay sau thue
6. 6hI Fh 80 0h V0h 6kh 8IEh.
MCC = w
i
x r