企业偿债能力是企业偿还到期债务(包括本息)的能力。受企业负债类型和偿债

企业偿债能力是企业偿还到期债务(包括本息)的能力。受企业负债类型和偿债所需资产类型的制约，不同的负债，其偿还所需要的资产不同，或者说不同的资产可用于偿还的负债也有所不同。一个企业的偿债能力影响到该企业的生存状况，当企业保持有较强的偿债能力时，才有可能筹集到更多的资金，节省更多的筹资成本，取得更多更好地投资机会，从而为投资者带来更多的利润。相反，若是一个企业的偿债能力较弱时，企业筹集到资金的可能性就小，就会加重企业的筹资成本，丧失投资的最佳机会，投资者获得的利润就会减少，甚至会导致债务危机的发生，因不能及时的偿还到期债务而导致企业破产清算。<br>企业偿债能力分析包括短期偿债能力分析和长期偿债能力分析，其中短期偿债能力分析的指标有流动比率、营运资本、速动比率、现金流量比率等，长期偿债能力分析的指标有资产负债率、产权比率、所有者权益比率、利息保障倍数等。下面通过这些指标对葵花药业集团进行财务分析。

企业偿债能力是企业偿还到期债务(包括本息)的能力。 受企业负债类型和偿债所需资产类型的制约，不同的负债，其偿还所需要的资产不同，或者说不同的资产可用于偿还的负债也有所不同。 一个企业的偿债能力影响到该企业的生存状况，当企业保持有较强的偿债能力时，才有可能筹集到更多的资金，节省更多的筹资成本，取得更多更好地投资机会，从而为投资者带来更多的利润。 相反，若是一个企业的偿债能力较弱时，企业筹集到资金的可能性就小，就会加重企业的筹资成本，丧失投资的最佳机会，投资者获得的利润就会减少，甚至会导致债务危机的发生，因不能及时的偿还到期债务而导致企业破产清算。<br>企业偿债能力分析包括短期偿债能力分析和长期偿债能力分析，其中短期偿债能力分析的指标有流动比率、营运资本、速动比率、现金流量比率等，长期偿债能力分析的指标有资产负债率、产权比率、所有者权益比率、利息保障倍数等。 下面通过这些指标对葵花药业集团进行财务分析。

The solvency of an enterprise is the ability of an enterprise to repay its due debts (including principal and interest). Restricted by the types of liabilities and assets required for debt repayment, different liabilities require different assets for repayment, or different assets can be used to repay different liabilities. The solvency of an enterprise affects its living conditions. When an enterprise maintains a strong solvency, it is possible to raise more funds, save more financing costs, obtain more and better investment opportunities, and bring more profits to investors. On the contrary, if an enterprise's debt paying ability is weak, the possibility of raising funds is small, which will increase the financing cost of the enterprise, lose the best opportunity of investment, reduce the profits of investors, and even lead to the occurrence of debt crisis, which will lead to the bankruptcy and liquidation of the enterprise due to the failure to repay the due debts in time.<br>Corporate solvency analysis includes short-term solvency analysis and long-term solvency analysis. The indicators of short-term solvency analysis include current ratio, working capital, quick ratio, cash flow ratio, etc., while the indicators of long-term solvency analysis include asset liability ratio, property right ratio, owner's equity ratio, interest protection ratio, etc. The following is the financial analysis of sunflower Pharmaceutical Group through these indicators.<br>