杠杆租赁融资的财务分析  

Financial analysis of leveraged lease financing

作　　者：郭卜铭[1] 金彤[2] 王世明[3] 

机构地区：[1]湛江师范学院科学研究与科技开发处,广东湛江524048 [2]北京科技大学管理学院,北京100083 [3]湛江师范学院商学院,广东湛江524048

出　　处：《辽宁工程技术大学学报（社会科学版）》2005年第4期377-380,共4页Journal of Liaoning Technical University(Social Science Edition)

摘　　要：杠杆租赁是一种具有综合经济效果的融资方式,依据案例对其产生的现金流量分别用净现值法、内部收益率法、分阶段法进行了分析,并从财务角度全面阐述了各种方法的优劣,为杠杆租赁的实际操作提供理论支持。为企业经营者进行某项交易时,更好地了解杠杆租赁的经济特征,制定决策提供帮助。Because leveraged lease is a kind of financing way with comprehensive economic effects, and according to the case we have analyzed its cash flows with NPV, IRR and MPM methods separately. Then we have compared quality of different methods from the financial aspects and offered theory support for the leveraged lease practical operation. When enterprise＇s operators carry on a certain trade, we could understand the leveraged lease economic attributes better and even offer help in order to make decision.

关 键 词：杠杆租赁 现金流量 财务分析 

分 类 号：F234.3[经济管理—会计学]