資金会計原論Theory of Cash by Funds— 1.16 Birth of B/L & P/L by Funds
2008年6月25日10:08:14
資金会計原論Theory of Cash by Funds— 1.16 Birth of B/L & P/L by Funds
Cash, the bottom line of New B/S by Fund, is today’s topic. This morning Nikkei’s head line was “Companies more than 40% on Stock Exchange Market, substantially no borrowings”. An explanation is added, Cash is bigger than total interest bearing borrowings.
Our theory repeatedly expressed the importance of Cash contents.
If Cash < Short Term Borrowings, the Cash is the residue of Short Term Borrowings.
If Cash < (Short Term Borrowings + Long Term Borrowings), the Cash is the residue of Borrowings.
If Cash < (Borrowings + Paid-in Capital), the Cash is the residue of (Borrowings + Paid-in Capital).
If Cash < (Retained Earnings + Paid-in Capital + Borrowings), the Cash is the residue of (Retained Earnings + Paid-in Capital + Borrowings).
Late Mr. Y. Satoh said the ideal type of Cash is that Cash is 100% consisting of Retained Earnings. I know this notion is not 100% accepted, especially by the people internationally oriented.
借入金が残っているだけのCashか、損益資金が残っているCashか、今朝の日経1面のトップ記事に関連して説明しました。