Impairment of assets on the financial ratio analysis of effect
According to the new accounting standards, the enterprise all assets in the impairment, in principle should be to the impairment loss to be identified and measured, therefore, the impairment of assets include all assets impairment.
When the enterprise assets impairment provision of consolidated financial statements, the assets of all types are listed for the extraction of impairment of the net. So, always involve assets financial ratio analysis and calculation will be encountered new problems, namely the calculation formula of the molecule, denominator is the use of" total assets" or" net" it is difficult to determine. The viewpoint thinks, various financial ratios are calculated, the molecule, denominator shall use" net assets", the reason is that not only can keep the molecule denominator in calculating consistency, but also conforms to the fair value measurement principle. To this, the author thinks not lump together, should be a concrete analysis of concrete problems.
( a ) reflect the solvency of financial ratio analysis and calculation of the net assets shall use""
Both reflect the short-term solvency ratios, such as the" liquidity ratio", reflects the long-term solvency ratios, such as" the rate of assets and liabilities, calculated using" shall" net assets". The reason is very simple, the impairment of assets ' value portion has been lost or debt to provide security value base, if the use of assets" amount" calculate debt ratios, will cause the financial means of scalar inflated, and the users of financial information misleading.
( two) reflect the operation ability of financial ratio analysis and calculation of total assets" shall be used"
And reflect the solvency of financial ratio analysis to reflect the opposite, operating capacity of financial ratio analysis and calculation of total assets" shall be used". " The accounts receivable turnover rate" for example, after the implementation of new accounting standards, corporate disclosure financial statement listed on the account receivable is already extracted impairment of the net, but without a corresponding reduction in sales revenue and. As a result, extraction of impairment more, accounts receivable turnover rate is high, its turnover less. However, the turnover rate of increase or decrease in turnover days cannot explain the company achieved a good performance, but that the accounts receivable management is poor. The other relates to reflect the operational capacity of various types of turnover rate of principles and the same.
Therefore, if all the assets for impairment of the larger amount, should be adjusted, use an extraction for impairment of assets" total" of calculating various reflects the capacity of business operations turnover rate. The report disclosed in the notes of the impairment of assets information can be used as adjustment basis.