26.2 Capital Allocation Principles and Real Options 19:01 27.1 Weighted Average Cost of Capital 13:00 27.2 Capital Structure Theories 23:06 28.1 Business Model Features and Types 11:50 29.1 Financial Statement Roles 36:39 30.1 Revenue Recognition 19:57 30.2 Expense Recognition 41:52 30....
The weighted average cost of capital (WACC) is a financial ratio that calculates a company’s cost of financing and acquiring assets by comparing the debt and equity structure of the business.
relative weights of each component of the capital structure. In short, a company's assets are financed by either debt or equity. WACC is the average of these sources of financing, each weighted by respective usage. The formula to calculate weighted average cost of capital is the following: To...
1. A simple example reveals that the existing weighted average cost of capital(WACC) formula for valuation conflicts with the principle of value additivity. 一个简单的例子揭示了现有的加权平均资本成本(WACC)计算公式违背了价值的可加性原理。
平均资本成本是权益资本成本和债务资本成本的加权平均,所以,通常称之为加权平均资本成本(RWACC),其计算公式如下: [*] 式中的权数分别是权益占总价值的比重,即[*];和负债占总价值的比重,即[*]。显然,若企业无负债,即是一个100%权益企业,其平均资本成本就等于权益资本成本RS;若企业负债特别多而权益几乎为0,即...
The same would be true if the company only used debt financing. For example, if the company paid an average yield of 5% on its bonds, its pre-tax cost of debt would be 5%. However, because interest payments are tax-deductible, the after-tax cost of debt would be lower, calculated as...
Use this WACC Calculator to calculate the weighted average cost of capital based on the after-tax cost of debt and the cost of equity
weighted average cost of capitalThe weighted average cost of capital (WACC) reflects the combined cost of debt and equity with the weights of the capital sources based on their market value rather than book value. In instances where a capital structure is expected to change, it is more ...
Weighted Average Cost of Capital is defined as the average cost of capital for a company, calculated as a weighted average of the costs of equity and the costs of debt. The formula below is used to calculate the Weighted Average Cost of Capital (WACC): WACC = (Debt / (Debt + Equity...
加权平均资本成本 (WACC: Weighted Average Cost of Capital) 决定筹措债务资本或权益资本取决于: -公司本身 -现存债务水平 -公司风险 -资本状况 -市场流动性 -交易 -速度 -成本 -披露要求 加权平均资本成本的计算 (WACC: Weighted Average Cost of Capital) WACC = Rd * d / (d + e) + Re * e / (...