应对财务危机的收费公路费率优化方法

发布时间：2018-01-15 10:02

本文关键词：应对财务危机的收费公路费率优化方法　出处：《公路交通科技》2017年08期 　论文类型：期刊论文

【摘要】：应对公路收费企业的巨大的偿债压力和持续增长的养护费用所导致的可用现金不足以偿还到期债务的财务危机,研究将其控制在合理范围内,有利于收费公路的健康可持续发展。收费费率优化直接影响公路收费企业收入水平,是控制企业财务危机的有效方法。首先,以现金流预测管理为切入点构建收费公路财务危机指数,对公路收费企业的财务危机等级进行评价,其次,以应对公路收费企业财务危机为前提建立收费公路费率优化模型。通过利用收费公路的费率优化手段化解公路收费企业财务危机,既使企业有能力偿还巨额到期债务而不出现较高财务危机,又使企业不因财务危机较低而产生超额利润。最后,根据现金流分析对A公路收费企业的财务危机等级进行评价,并通过费率优化模型进行计算,结果表明通过费率优化可有效降低公路收费企业因现金流断裂造成财务危机的风险。
[Abstract]:In response to the financial crisis that the huge debt service pressure of road toll enterprises and the increasing maintenance cost caused by the available cash is not enough to pay the debt due, the study should keep it within a reasonable range. It is beneficial to the healthy and sustainable development of toll roads. The optimization of toll rates directly affects the revenue level of highway toll collection enterprises. It is an effective method to control the financial crisis of enterprises. First of all. Based on cash flow forecast management, the financial crisis index of toll road is constructed, and the financial crisis grade of highway toll enterprise is evaluated. Secondly. In order to deal with the financial crisis of highway toll enterprises, the model of toll rate optimization is established, and the financial crisis of highway toll enterprises is resolved by means of the rate optimization of toll roads. Even if the enterprise has the ability to pay off a large amount of debt due without a higher financial crisis, but not because of the lower financial crisis to generate excess profits. Finally. According to the cash flow analysis, the financial crisis grade of A highway toll enterprise is evaluated, and the rate optimization model is used to calculate it. The results show that the risk of financial crisis caused by cash flow breakage in highway toll enterprises can be effectively reduced by rate optimization.
【作者单位】：长安大学经济与管理学院;
【基金】：教育部人文社科项目(16YJC630053)
【分类号】：F540.58;F542.6
【正文快照】： 0引言财务危机,又称为支付能力危机,是指企业的付现能力不足以满足其付现的需求。最严重的财务危机表现为付现能力不足以支付到期债务,导致企业面临法律清偿(又称破产清算)的局面。截至2015年底,全国收费公路年末债务余额为44 493.7亿元,其中年末银行贷款余额37 839亿元;全国

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