Yuav ua li cas reinvestment npaum li cas xam?
Yuav ua li cas reinvestment npaum li cas xam?

Video: Yuav ua li cas reinvestment npaum li cas xam?

Video: Yuav ua li cas reinvestment npaum li cas xam?
Video: Yuav ua li cas nrog koj daim ntawv pov npav tom qab koj xa mus 2024, Kaum ib hlis
Anonim

xam rov ua lag luam paj nyob ntawm qhov rov nqis peev kev txaus siab tus nqi . Cov rov nqis peev daim coupon them yuav yog xam los ntawm kev xam cov compounded kev loj hlob ntawm rov nqis peev kev them nyiaj, los yog siv a qauv thaum daim ntawv cog lus paj tus nqi thiab yield-rau-maturity tus nqi sib npaug.

Tsis tas li cov lus nug yog, koj ua li cas xam cov peev nyiaj rov qab?

Reinvestment Rate = (Net Capital Expenditures + Change in Working Capital) EBIT (1 – t) Rov qab los ntawm Kev nqis peev = ROC = EBIT (1-t) / (BV ntawm Cov nuj nqis + BV ntawm Kev ncaj ncees ) Kev loj hlob Tus nqi EBIT = (Net Capital Expenditures + Change in WC) x ROC EBIT (1 – t) ? Lub net capex xav tau kev ruaj ntseg, rau kev loj hlob tus nqi , yuav tsum inversely

Ib yam li ntawd, qhov kev pheej hmoo ntawm kev nqis peev rov qab yog dab tsi? Kev nqis peev rov qab hais txog qhov muaj peev xwm uas tus neeg ua lag luam yuav ua tsis tau rov nqis peev nyiaj ntsuab flows (piv txwv li, daim coupon them) ntawm a tus nqi piv rau lawv tam sim no tus nqi ntawm rov qab los. Zero-coupon daim ntawv cog lus yog tib qho nyiaj tau los ruaj ntseg kom tsis muaj peev pheej hmoo vim lawv tsis muab daim coupon them.

Tsis tas li ntawd, lub sijhawm rov ua lag luam yog dab tsi?

Reinvestment Lub Sijhawm Ob-rau tsib xyoos lub sij hawm thaum lub sij hawm uas tus thawj tswj hwm CLO muaj peev xwm yuav thiab muag cov khoom lag luam rau kev txiav txim siab, tsis muaj credit thiab kev txhim kho credit. Cov neeg lag luam tsis tau txais cov nyiaj them poob haujlwm thaum lub sijhawm no. Maturing collateral thiab prepayments yog rov nqis peev nyob rau hauv tshiab collateral.

Reinvestment profit yog dab tsi?

Kev nqis peev rov qab hauv koj lub tuam txhab siv ib feem pua ntawm koj lub tuam txhab cov txiaj ntsig los nqis peev hauv koj lub tuam txhab tag nrho dua. Es tsis txhob siv cov peev nyiaj, koj siv cov txiaj ntsig . Yog koj muaj loj cov txiaj ntsig , koj tuaj yeem siv lawv rau rov nqis peev nyob rau hauv koj lub tuam txhab los ua nws lub tuam txhab loj thiab zoo dua.

Pom zoo: