eva 指标计算（EVA index calculation）.docVIP

eva 指标计算（EVA index calculation） 1. design content objectives and requirements. 2., the research status, research purpose and significance of this topic. 3., the research content of this topic. 4., the implementation of the project, schedule. 5. major references reviewed. EVA index calculation EVA is the abbreviation of English Economic Value Added, which is generally translated as additional economic value. It is an indicator or a method of comprehensively measuring the true profit or value creation of an enterprise. The term comprehensive and real refers to the relative profit ratio of traditional accounting. The final profit accounting calculation refers to profit after tax, and additional economic value principle is that, after tax profits did not fully and truly reflect the enterprise production and management of the final profit or value, because it does not consider the cost of capital or capital cost. The so-called additional economic value means the balance after deducting the capital cost or capital cost from the after tax profits, and its general formula is: Additional economic value = after tax profit - capital cost Of which: after tax profit = operating profit - income tax Capital cost = total capital = average capital cost rate Of which: average capital cost rate = capital or equity cost rate * capital formation ratio + debt cost ratio * liabilities ratio The above formula is entirely correct from the point of view of western accounting and economics, but from the actual situation of our country, we should pay attention to the following problems when using this formula: First, the after tax profit is the balance of the operating profit minus the income tax; and the after tax profit in our current system refers to the total amount of profit minus the income after tax. Second, on the operating profit is EBIT, namely operating profit, including interest charges, and our current system of operating profit but excluding interest charges, total profit without