Own liquidity = owner's equity-net fixed assets-intangible assets+long-term loans.
Self-owned capital refers to its own working capital, that is, deducting the owner's equity of fixed assets and other funds for operating turnover.
Deducting all its own funds is obviously problematic. Most of the self-owned funds of enterprises are used for fixed capital investment, not working capital. It is more reasonable to deduct the part of the borrower's own funds used for liquidity. Otherwise, none of the borrowing enterprises need funds now, which is not the case.
The calculation formula of working capital loan demand issued by CBRC is completely based on the financial statements of ideal enterprises, that is, except inventory, accounts receivable, accounts received in advance, accounts payable and prepayments,
Other current items, such as monetary funds, bills receivable, other receivables, bills payable, other payables, wages payable, taxes payable, etc., account for a small proportion in the statements, but in the actual statements, these subjects that are not considered often account for a large proportion, so the demand calculated according to the CBRC company is quite different from the actual situation. Therefore, if other subjects that are not in the formula are considered in the calculation, they should be considered as a whole.
First, estimate the amount of working capital of the borrower.
The main factors affecting the borrower's working capital include cash, inventory, accounts receivable, accounts payable, accounts received in advance, and accounts received in advance. On the basis of inquiry and visit, predict the change of capital turnover time in advance and reasonably estimate the borrower's liquidity. In actual calculation, the borrower's liquidity demand can refer to the following formula:
Liquidity = sales revenue of last year ×( 1- sales profit rate of China People's Music Score of last year )×( 1 estimated annual growth rate of sales revenue)/liquidity turnover rate.
Two, estimate the number of loans to supplement liquidity.
The borrower's expected liquidity demand can be deducted from the borrower's own funds, existing liquidity loans and other financing, and the amount of additional liquidity loans can be estimated.
Number of new working capital loans = working capital-borrower's own funds-existing working capital loans-working capital supplied by other channels.
Extended data:
Own funds are the symmetry of "borrowed funds". Funds that are often held by enterprises for production and business activities and can be disposed of by themselves without repayment. Private enterprises in the west have their own funds. Mainly from the investment of shareholders and undistributed profits of enterprises.
Under the socialist system, the self-owned funds of enterprises owned by the whole people are mainly state financial allocations and internal accumulation of enterprises.
In addition, in the process of production and operation, due to objective reasons such as settlement time, the fixed liabilities such as taxes payable, profits payable and accrued expenses also participate in the turnover as the company's own liquidity.
The self-owned funds of collective enterprises are mainly shares, provident fund, public welfare fund and other special funds.
The funds of an enterprise are divided into self-owned funds, subsidized funds and borrowed funds according to their sources.
Due to the different forms of ownership of means of production and financial management system, enterprises have different channels to obtain their own funds.
(a) the composition of the self-owned funds of enterprises owned by the whole people:
(1) Part of it comes from national financial allocation and free transfer of fixed assets;
(2) Part of it comes from the internal accumulation of the enterprise, that is, in accordance with state regulations, various special funds are deposited from the cost and after-tax profits;
(3) In addition, it also comes from fixed liabilities, that is, part of the funds that enterprises can often use according to the provisions of relevant systems and settlement procedures.
For example, taxes payable, profits payable, accrued expenses, and the part that can be used frequently in advance according to the degree of completion. Fixed liabilities participate in turnover as the enterprise's own liquidity in financial treatment.
(B) the composition of the collective enterprise's own funds
The self-owned funds of collectively-owned enterprises mainly come from the special funds such as the working people's investment in shares and the accumulated provident fund and public welfare fund within the enterprise.
In western countries, private enterprises' own funds mainly come from shareholders' investment and undistributed profits.