财务比率英文术语解析

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1、财务比率英文术语解析AccountsPayable:Sales:AccountsPayabledividedbyAnnualSales,measuringthespeedwithwhichacompanypaysvendorsrelativetosales.Numbershigherthantypicalindustryratiossuggestthatthecompanyisusingsupplierstofloatoperations.　　Assets:Sales:TotalAssetsdividedbyNetSales,indicatingwhetherac

2、ompanyishandlingtoohighavolumeofsalesinrelationtoinvestment.Verylowpercentagesrelativetoindustrynormsmightindicateoverlyconservativesaleseffortsorpoorsalesmanagement.　　CurrentLiabilities:Inventory:CurrentLiabilitiesdividedbyInventory:Ahighratio,relativetoindustrynorms,suggestsover-rel

3、ianceonunsoldgoodstofinanceoperations.　　CurrentLiabilities:NetWorth:CurrentLiabilitiesdividedbyNetWorth,reflectingalevelofsecurityforcreditors.Thelargertheratiorelativetoindustrynorms,thelesssecuritythereisforcreditors.　　CurrentRatio:CurrentAssetsdividedbyCurrentLiabilities,measuringc

4、urrentassetsavailabletocovercurrentliabilities,atestofnear-termsolvency.Theratioindicatestowhatextentcashonhandanddisposableassetsareenoughtopayoffneartermliabilities.　　FixedAssets:NetWorth:FixedAssetsdividedbyNetWorth.Highratiosrelativetotheindustrycanindicatelowworkingcapitalorhighl

5、evelsofdebt.　　GrossProfit:Sales:Pre-taxprofitsdividedbyAnnualSales.Thisistheprofitratiobeforeproductandsalescosts,aswellastaxes.Thisratiocanindicatethe"play"inotherexpenseswhichcouldbeadjustedtoincreasetheNetProfitmargin.　　NetProfit:Sales:AftertaxprofitsdividedbyAnnualSales.Thisisthek

6、eyprofitratio,indicatinghowmuchisputinthecompany'spocketforeach$100ofsales.　　QuickRatio:CashplusAccountsReceivable,dividedbyCurrentLiabilities,indicatingliquidassetsavailabletocovercurrentdebt.AlsoknownastheAcidRatio.ThisisaharsherversionoftheCurrentRatio,whichbalancesshort-termliabil

7、itiesagainstcashandliquidinstruments.　　ReturnonAssets:NetAfterTaxProfitdividedbyTotalAssets,acriticalindicatorofprofitability.Companieswhichusetheirassetsefficientlywilltendtoshowaratiohigherthantheindustrynorm.　　ReturnonNetWorth:NetAfterTaxProfitdividedbyNetWorth,thisisthe'finalmeasu

8、re'of