“新常态”下H机械公司债务资本融资困境及其优化路径

Under the“New normal”,the debt Capital financing Dilemma of H Machinery Company and its Optimization path

债务资本是一把"双刃剑",在给企业带来"税盾效应"的同时,若存在规模失控、结构失衡、效率低下等问题,将给企业的经营带来严重的负面影响。借鉴现代财务学相关理论,紧扣"新常态"下制造型企业转型升级这一时代背景,样本公司早债务资本融资方式、融资效率、融资规划与清偿制度等领域存在负债经营困境与误区。因而,结合样本公司的行业特征和竞争战略,H公司有必要引入多元融资渠道,通过技术创新提升融资效率以及合理实施融资规划等策略,以优化该公司的负债经营质量。

Debt capital is a "double-edged sword".At the same time,if there are some problems such as out of control of scale,unbalance of structure,inefficiency and so on,it will bring serious negative influence to the operation of enterprises.Drawing lessons from the relevant theories of modern finance and keeping in line with the background of the transformation and upgrading of manufacturing enterprises under the "new normal",the sample companies have early debt capital financing methods,financing efficiency,and so on.There are difficulties and misunderstandings in the field of financing planning and liquidating system and so on.Therefore,combined with the industry characteristics and competitive strategy of the sample company,it is necessary for H company to introduce multiple financing channels,improve the financing efficiency through technological innovation and carry out the financing planning reasonably,so as to optimize the debt management quality of the company.