소개글
[재무관리] 금호 아시아나 Vs 대한 항공에 대한 자료입니다.
목차
재무관리
Cash Flow From Assets
Operating cash flow
Net Capital Spending
Changes in net working capital
Ratio Analysis
Time Value of Money
아시아나 Bond Evaluation (CB)
Dividend growth model
Zero Growth
Using the DGM to Find R
NPV와 IRR구하기
Senario
11과 Risk and Return
Security Market Line
Using the DGM to Find R
Cost Of Debt
Cost of Capital : 아시아나
NPV
대한항공
Cost of Capital : 대한항공
아시아나 VS 대한항공
Break-Even EBIT
Capital Structure Theory ; M&M
본문내용
7. Leverage Ratio
Debt/Equity=TD/TE
=(5,814,972-875,872)/875,872=5.639
(*875,872는 자본금임.)
Equity Multiplier=TA/TE-1+D/E
=1+5.639=6.639 Evaluation : -_-
8. Times Interest Earned
EBIT/Interest
=-2,847,374/200,679
=-14.2 Evaluation : T_T
9. Cash Coverage
(EBIT+Depreciation)/Interest
(-2,847,304+205,433)/200,679=-13.17 Evaluation : T_T