Finanse, Rynki Finansowe, Ubezpieczenia

Previously: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Finanse, Rynki Finansowe, Ubezpieczenia

ISSN: 2450-7741    OAI    DOI: 10.18276/frfu.2017.1.85-15
CC BY-SA   Open Access 

Issue archive / 1/2017 (85)
Wyznaczanie maksymalnej pojemności zadłużeniowej – aspekty teoretyczne
(Measuring Debt Capacity – theoretical aspects)

Authors: Krzysztof Rudnicki
Katedra Ekonomii Przemysłu i Rynku Kapitałowego, Uniwersytet Łódzki
Keywords: debt capacity capital structure financial management
Year of publication:2017
Page range:12 (163-174)
Cited-by (Crossref) ?:


Optimal capital structure is a subject of many papers. Many authors debate on the way a company should finance it’s operations. Still there are not as many elaborations concerning how much can a company borrow and how the maximum amount of debt issued should be measured. The article is focused on the subject of debt capacity measurements. In this paper author shows the importance of calculating this amount in addition to capital structure analysis. Author presents three model used to compute maximum debt capacity of a given company as well as the theory of debt capacity. The goal of this paper is to introduce the reader with such an important subject as a theory of debt capacity and to show methods of calculating the maximum amount of debt that company can borrow.
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