英语翻译资本结构和偿债能力对企业来说尤为重要,我们研究资本结构和偿债能力,就是要优化资本结构,确定合理的负债基数,使企业

英语翻译
资本结构和偿债能力对企业来说尤为重要,我们研究资本结构和偿债能力,就是要优化资本结构,确定合理的负债基数,使企业资金达到良性循环,降低资金成本,减少财务风险,提高企业偿债能力和绩效.本文通过对永佳动力资本结构和偿债能力的分析,得出永佳动力在资本结构方面存在资产负债率偏低、国有股份额过大、未流通股比例较高、偏好股权融资、经营者对债务融资缺乏兴趣等问题.在偿债能力方面存在负债资金税收屏蔽作用不明显、流动负债水平偏高、债务结构不合理等问题.为改善以上问题,进而提出应通过优化股权结构、完善融资机制、大力发展债券市场、建立资本结构动态优化机制、合理确定负债比率等对策优化永佳动力资本结构、提高企业偿债能力,使永佳动力最终实现企业价值最大化目标.

Capital structure and solvency of the enterprise is particularly important,we study the capital structure and solvency,is to optimize the capital structure,determine the liabilities base and the enterprise funds to reach a virtuous cycle,lower cost of capital,reduce financial risk and improve corporate solvency and performance.This article by George dynamic capital structure and solvency analysis,come to The Yongjia power exist in the capital structure,asset-liability ratio is low,the share of state-owned shares is too large,a higher proportion of non-tradable shares,preference for equity financing,operation of The lack of debt financing,interest and other issues.Solvency existence of the debt capital tax shielding effect is not obvious,the high level of current liabilities,debt structure is irrational,and other issues.To alleviate the above problem,and thus made should be adopted to optimize the equity structure,improve the financing mechanism,vigorously develop the bond market,the establishment of the mechanism of dynamic optimization of capital structure,rationally determine the debt ratio of optimized George dynamic capital structure and improve the firms' solvency,Wing good momentum and ultimately the goal of maximizing corporate value.