Kuyerera Kwechikwereti kuEquity Ratio

Kutarisa Kare Nhamba kuti Inzwisise Chikwereti kuEquity Ratio

Iwe unogona kunge wakanzwa mameneja emapatotiyiti uye vatengesi vanozivikanwa vanoti, "tarisai kupfuura nhamba dzekuverenga uye panzvimbo pekutsvaga kuhupfumi hwechokwadi." Kwemakore, vaverengi vasingaverengeki vakanyora uye vakakumbira mienzaniso inoshanda yekuti iyo inogona kushandiswa sei kumapatotipu avo. Ichi chinyorwa chinoratidza kuti imwe yeiyo yakakurumbira yemari yezvemari, chikwereti-ku-kuenzana kwehuwandu, dzimwe nguva inogona kuita kuti hutano huve hunotyisa zvikuru kupfuura zvazviri chaizvo.

Kugovera Kudzosera uye Kuderedza Equity

Sezvawakadzidza muZvibatsiro zveChangu Buy Buy Zvirongwa , kugovana zvekugoverwa kunogona kuita kuti iwe uwane zvakakosha kuburikidza nekuderedza nhamba yose yezvikamu zvakakosha, kuwedzera huwandu hwako hwehuwandu sehuwandu hwebhizimisi rose. Chikamu chako chezvikamu chebatsiro uye zvikamu zvinowedzera kunyange kana basa rekuita risingaiti. Kana ichibatanidzwa nehutano hwakanaka, huwandu hwekugadzira zvemari, kugoverwa kwekugoverwa kunogona kukonzera kubuda kwemazuva akawanda kwemahomwe mugove wega wega , sekuratidzwa nekambani dzakadai seCoca-Cola neThe Washington Post.

Pamusana pezvinhu zvakasiyana-siyana zveMagumo Akagamuchirwa Nheyo dzeKubata (GAAP), zvisinei, kupfuma-kusika kutenga mapurogiramu kunogona kukonzera kuti mari inogona kuonekwa iite riskier kupfuura iyo iri chaizvo. Chikonzero: Apo kambani inotenga zvigaro zvayo, chigumisiro chacho ndechekuderedza muhutano hunodudzwa hwevashandi .

Kuti tinzwisise kuti sei izvi zvichiitika, tichazofanira kupinda mune zvinyorwa zvinyorwa zvinyorwa zvinyorwa nguva imwechete yekutengesa inobviswa.

Fungidzira Seattle Enterprises, kambani inofungidzira inoshanda neketani yezvitoro zvekutengesa, inoda kusimudzira $ 100,000 kune imwe nzvimbo yekutora nekupa mabhiriyoni mashanu emiganhu yakafanana. Iyo migove ine purogiramu ye $ 5 imwe neimwe uye inotengeswa kwe $ 20.

Nzvimbo yekuverengera inogona kuonekwa nenzira iyi:

Cash Debit $ 100,000
Inowanzo Stock - Pamusoro Chekwereti $ 25,000
Inowanzochengetwa - Inowedzera Nekubhadhara $ 75,000

Sangano rinomutsa huwandu uye chigumisiro ndechokuti mari inowanikwa inogoverwa kumiganhu miviri mukutora chikamu chekutarisana kwebhadharo; yekutanga $ 25,000 ine zvikamu 5 000 zvakabudiswa zvinowanikwa ne $ 5 pari pari pagoga; mutsara unosara unowedzera kubva kuwedzera mari yakawanda yekutenga ($ 20 per share - $ 5 par value = $ 15 kudarika) nenhamba yezvikamu zvakabudiswa ($ 15 x 5,000 shares = $ 75,000). Iko mari inonzwisisika inopera mukambani yekambani uye inofanirwa kubhadharwa kune iyo yakakodzera compte ($ 100,000).

Zvino, fungidzira makore mashomanana apfuura. Mutungamiri anoda kutengesa madhora makumi mashanu emadhora. Mutengesi uri kuenda unotarisa chimwe chinhu chakadai:

Nzvimbo yeChivigiro Chekutengesa $ 50,000
Cash Credit $ 50,000

Nemhaka yokuti chikamu chechikwereti chevashandi vanogara vane chikwereti chekwereti, Treasury Stock (a debit balance) inoshandiswa kuderedza huwandu hunoti hunokosha. Chigumisiro chechiitiko ichi chinosuruvarisa ndekuwedzera kwechikwereti-ku-kuenzanisa chiyero . Ichokwadi, kana zvipo zvekudzikinura zvichikura zvakakura zvakakwana, zvinogona kuti kambani yakakwana, yakabudirira inogona kuve yakashata yakarongedzwa uye inofanirwa kuonekwa seyakasimudzwa kusvika kune hilt!

"Haungagoni here kuratidza kuti mari yakashandiswa uye naizvozvo kuchengetedzwa kunowedzera ngozi nekuda kwedzimba dzakaderera?" Hongu, iwe unogona. Kana iwe uine bhizinesi rakanaka kwazvo, iro, netsanangudzo, rinoita matani emari, zvisinei, izvi hazvidi kuti zvive zvisina hanya. Nhengo dzako ikozvino dzinogamuchira chikamu chakawanda chemari yakawanikwa uye zvikwereti pasina kuwedzerwa mumutoro wechikwereti.

Zvikwereti Zvinowedzera se Percentage Inventory

Vamwe vatungamiri vemakwikwi vanoedza kuedza kuderedza uwandu hwezvinhu zvakasungirirwa mubasa guru - zvinhu zvakadai semari iri muruoko uye kuwanikwa pamasherufu ezvitoro. Chikonzero chacho chakanyatsojeka: dhora rega rega rakasunungurwa idhora rinogona kushandiswa kubhadhara chikwereti chenguva refu, kutengesa zvigaro, kana mabhii matsva akazaruka. Panguva imwecheteyo, zvakakosha kuva nezvigadzirwa zvakakwana pavharafi kuti kugutse zvido. Zvimwe zvisingaiti, vashandi vanogona kutadza kupedza rwendo!

Chigadzirisa chinetso ichi ndechimiro chevatengesi mari vanozivikanwa sebhasi-on-scan ("POS"). Hezvino iyo inoshanda sei: mumwe wevatongi paSeattle Enterprises ("SE") achaswedera kune vatengesi varo - vaiti nevatengi vezvigadzirwa zvakachengetwa pamasherufu ezvitoro. Nenzira, SE inosarudza mishonga yavanoda kutakura, inorayira kubva kune vatengesi, inotora chikwereti, uye inoisungirira pavharafu. Pane kudaro, mutungamiri anotaura kuti SE haisi kutenga chigadzirwa chacho kusvikira mutengi akazvitora, akafamba achienda kune rekodhi yemari, uye akabhadhara; vatengesi, mune mamwe mazwi, vachiri ivo vane michina iri kugara pamashalofiti mu SE nzvimbo. Mukutsinhanisa, SE inogona kupa vatengesi mavhesi okuvhota, kuiswa kwekuita muzvitoro, kana zvimwe zvinokurudzira.

Chigumisiro chacho ndechekuderedza kukuru kwekushanda kwehutano hwekushanda uye kukwanisa kuwedzera zvizhinji, zvakanyanya kukurumidza.

Sei? Apo kambani yekutengesa inotanga matenga matsva, chimwe chekutanga kukurukurira mari ndeyekutenga kwekutanga kwekugadzira. Iye zvino izvo zvinyorwa zviri kugoverwa pamubhadharo-on-scan system, iyo yose Seattle inofanira kuita chiratidzo chekubhajisa, kuvandudza imba kuti ienzane nedzimwe sarudzo zvayo, nekubhadhara vashandi vatsva.

Iko pasi yepamusoro mari inobvumira kuti izarure zvitoro zviviri kana zvitatu kune imwechete yekutengesa iyo inogona kutenga pamberi pekugadzirisa kwePOD kushandiswa!

Chimwe chete chinoratidzika kuvhiringidzika kwegadziriro iyi ndekuwedzera kunoshamisa kwenyaya dzekodha dzinobhadharwa, iyo inoratidzira pazhizha rekushambadzirwa semhosva shoma kwenguva pfupi. Pasinei nechokwadi chokuti bhizinesi harina mimwe mimwe ngozi - chigadzirwa, yeuka, chinogona kudzorerwa kune mutengesi kana isingatengeswi - vamwe vatengesi uye vaongorori vanobata chikwereti ichi sechisungo chinogona kutyisidzira kuregererwa! Izvi zvakajeka mamiriro ekugadzirisa kwete kumiririra chokwadi chezvehupfumi. Vagari vagovhenekeri vari nani zviri nani pasinei nekuonekwa kwakakwira mune chikwereti chekuenzanisa chiyero.

Case Study

Muenzaniso wakakwana wezviitiko izvi AutoZone. (Regai nditaure pamberi pokuti panguva ino nyaya iyi yakabudiswa, ini ndaive nemapato ekambani.) Zvisinei, yeuka, zvisinei, kuti zvose zvinotarisirwa kusarudzwa zvinofanira kuendeswa mberi nekufungidzira kwako kwekukosha kwemukati. inotengeswa mumhando yakasiyana-siyana kubva kune $ 25 kusvika kudarika $ 100; inogona kunge iri mari yakaisvonaka yekutsvaga pamutengo mumwe, kutyisa kwekutyisa pane imwe.Nokuti, hazvina kukodzera iwe kufungidzira kutenga chikwereti, bond, mutual fund, kana imwe nzvimbo nokuti iwe unoziva mumwe munhu ane chinzvimbo mauri.)

Nhamba-imwe mutengesi wemotokari nezvikwata zvakaona mari yakawanda kubva ku $ 245 mamiriyoni muna 1999 kusvika kune $ 566 mamiriyoni muna 2004.

Panguva imwecheteyo, mubayiro wega wega wega wakasimuka kubva pa $ 1.63 kusvika $ 6.40. Kuenzanisa kwakakosha, kune rumwe rutivi, kwakawa kubva ku $ 1.3 mabhiriyoni kusvika ku $ 171 mamiriyoni apo chikwereti chekuenzanisa chikwata chakawedzera kubva 40% kusvika kune 90%. Pane zvikonzero zviviri zvinokosha:

• AZO yakadzikinura inenge hafu yezvikamu zvayo zvakakosha pamusoro pemakore mashanu kusvika kune gumi apfuura, ichirasika kutarisana kwemazuva ose ichipa humwe hwakanaka kuEPS.
• Dare revatungamiri rakabudirira kupfuurira kune 90% yevatengesi kune hurongwa hwekubhadhara-kuda, kuwedzerwa kubhadhara kubhadhara kubhadharwa zvakanyanya apo kuderedza kushandiswa kwekushandira mumabasa ekushanda.

Izvi zvaifadza zvikuru kune vashandi, asi zviri pachena kuti njodzi yakaonekwa yakawedzera nekuda kwekukwanisa kwemitemo yekuverenga. Idzidziso yenyaya yacho? Nguva dzose tarisai zvakadzama; funga nezvehupfumi hwechokwadi, kwete kungorondedzera zvikwereti uye zvakaenzana.