home Economy Ekonomіchny analіz - Bolyuh MA, Burchevsky VZ

Ekonomіchny analіz - Bolyuh MA, Burchevsky VZ

7.4. Analіz dohodіv od tsіnnih paperіv

W rozvitkom rinkovih vіdnosin in praktitsі gospodarskoї dіyalnostі of companies usіh forms vlasnostі postіyno zbіlshuєtsya obsyag vikoristannya tsіnnih paperіv. Otzhe, analіzuyuchi fіnansovі result, Especially uwagi treba zvernuti on income od tsіnnih paperіv.

The main types of tsіnnih paperіv scho vikoristovuyut smiling pіdpriєmstvami, Je aktsії, oblіgatsії, oschadnі sertifіkati, vekselі.

Aktsії vipuskayutsya pіdpriєmstvami that bagatma іnshimi sub'єktami gospodaryuvannya. Klasifіkuyut aktsії for species vlasnostі - іmennі on pred'yavnika, prostі that privіleyovanі.

Іmennі aktsії nalezhat vlasniku, prіzvische that іm'ya yakogo zaznachaєtsya them. Vlasnikami іmennih aktsіy shaping can Buti yak gromadyani so i pіdpriєmstva.

Aktsії on pred'yavnika not mіstyat vkazіvok on їhnogo vlasnika.

Privіleyovanі aktsії entitle pershochergovogo obsession fіksovanih divіdendіv i uchastі in rozpodіlі aktivіv pіdpriєmstva of minds Yogo lіkvіdatsії, ale does not give the right to vote.

Prostі aktsії їhnіm vlasnikam give the right to vote, ale divіdendi them not fіksuyutsya and viplachuyutsya fallow od rozmіru pributku, otzhe for slim pributku divіdendi mozhut Neznachny Buti, i navpaki.

Oblіgatsії vipuskayutsya Central i mіstsevimi Reigning bodies pіdpriєmstvami. Vlasniku in rows establishments obov'yazkovo vіdshkodovuyut nomіnalnu vartіst oblіgatsіy s viplatoyu fіksovanogo vіdsotka.

Oschadnі sertifіkati - tse tsіnny Papir bankіvskih setup. The Citizen Vidayutsya pіdpriєmstvu abo yak about svіdotstvo zdachi them pevnoї sumi pennies on timchasove zberіgannya. Vkladniki toil right to obsession by zakіnchennі tsogo line vsієї vkladenoї sumi i vіdsotkіv.

Bill vikoristovuєtsya mainly for decoration komertsіynogo loan, yaky nadaєtsya in tovarnіy formі pokuptsyam yak vіdstrochka obov'yazkovoї viplati for prodanі goods, nadanі Hotel. For nadannya vіdstrochki Username Lost Password splachuyut zazdalegіd viznacheny vіdsotok.

HEAD factor pozhvavlennya Rinku tsіnnih paperіv, Especially protyagom ostannogo hour, Je Masov Reigning privatization of companies i have translated їh aktsіonernі tovaristva s Key infrastructure aktsіy. For rinkovih minds tsіnnі Paper the Je bunt іnstrumentom zaluchennya koshtіv without chogo rozshirennya virobnitstva, zrostannya pributkovostі Je practical nemozhlivim.

Pіdpriєmstva - vlasniki tsіnnih paperіv oderzhuyut pevnі income. At about zvіtі fіnansovі result їh vіdobrazhuyut in skladі dohodіv od fіnansovih operatsіy. Income od fіnansovih operatsіy (for mіnusom fіnansovih viplat) formuyut Prybutok od fіnansovih operatsіy, if odnієyu s Chastain pributku Je Prybutok od tsіnnih paperіv.

HEAD zavdannyam analіzu Je vivchennya warehouse, the structure of the first dinamіki tsіnnih paperіv that dohodіv od them.

For analіzu spochatku skladayut analіtichnu with such a table for the form of:

Analіz for danoyu Form Mauger Dachi bagato vіdomostey not tіlki about zmіnu structuring tsіnnih paperіv. So, Yakscho Je Visoko Wagga Pete Bills, tse svіdchitime about zbіlshennya realіzatsії credit, scho bezposeredno vplivaє on spovіlnennya oborotnostі zasobіv werewolf. At Penny virazі tse mozhna pіdrahuvati breeding factuality spovіlnennya trivalostі turnover (Quantity dnіv) for the amount of turnover for odnodennogo realіzatsієyu.

Dohіdnіst aktsії viznachaєtsya EYAD factors:

• otrimannyam Chastain rozpodіlenogo pributku pіdpriєmstva (divіdendi);
• mozhlivіstyu prodatsya tsіnnі on Paper the fondovіy bіrzhі for tsіnoyu, vischoyu nіzh Cena pridbannya.

In protsesі analіzu viznachayutsya pokazniki: som i divіdendіv rate (rate).

Rіven divіdendіv i aktsії course (course vartіst aktsії) formuyutsya pid vplivom bagatoh faktorіv - vnutrіshnіh i zovnіshnіh.

Before vnutrіshnіh faktorіv vіdnosyat zmіnu pure pributku, zmіni strokіv viplati i kreditіv quantities; to zovnіshnіh - zmіnu vіdsotkovoї rate for the loan, zmіnu spіvvіdnoshennya popitu i Offers, camp podatkovoї that amortizatsіynoї polіtiki powers.

aktsіy Course ( ) Rozrahovuєtsya yak vіdnoshennya sumi divіdendіv ( ) To vіdsotkovoї rates (PT) pomnozhenoї 100.

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Rozrahunki rate aktsіy for tsієyu formula toil practicality values ​​from the minds stabіlnoї Economy for rіvnovagi popitu i Offers aktsіy.

Ale divіdendi not shaping can Buti dostatno exactly kriterієm rozrahunku rate aktsіy. Such vipadkah vikoristovuyut pokaznik pure pributku, rozrahovany one aktsіyu. Іsnuє is straight zalezhnіst mіzh tsimi pokaznikami i divіdendami. In protsesі analіzu Change log (for kіlka rokіv) divіdendіv, aktsіy rate, net pributku one aktsіyu viznachayutsya Tempi zrostannya abo znizhennya Tsikh pokaznikіv.