Ukugeleza kwemali okunesaphulelo (i-DCF) kubhekisela endleleni yokulinganisa elinganisela inani le-investimenti esebenzisa ukugeleza kwemali okulindelwe kwesikhathi esizayo. Umgomo wokuhlaziywa kwe-DCF uwukulinganisa imali umtshali-zimali angayithola kutshalomali, elungiselwe inani lesikhathi lemali. Ake sibone-ke ukuthi ukugeleza kwemali okunesaphulelo kuyini nokuthi kwenziwani.
Iyini ukuhamba kwemali okunesaphulelo
Ukugeleza kwemali okunesaphulelo (i-DCF) kubhekisela endleleni yokulinganisa elinganisela inani le-investimenti esebenzisa ukugeleza kwemali okulindelwe kwesikhathi esizayo. Ukuhlaziywa kwe-DCF kuzama ukunquma inani le-investimenti namuhla, ngokusekelwe ekuqageleni ukuthi yimalini leyo tshalomali ezoyenza esikhathini esizayo. Kungasiza ukwenza izinqumo kulabo abacabanga ukuthola inkampani noma ukuthenga izibambiso. Ukuhlaziywa kokugeleza kwemali okunesaphulelo kungasiza futhi abanikazi bamabhizinisi nabaphathi ukuthi benze izinqumo mayelana nesabelomali esikhulu noma izindleko zokusebenza.
Ukugeleza kwemali kwenkampani yeRyanair (ISE:RYA). Umthombo: Simplywall.st.
Ukugeleza kwemali okunesaphulelo kwenziwani?
Umgomo wokuhlaziywa kwe-DCF uwukulinganisa imali umtshali-zimali angayithola kutshalomali, elungiselwe inani lesikhathi lemali. Inani lesikhathi semali lisho ukuthi idola onalo namuhla libiza ngaphezu kwedola olithola kusasa ngoba lingatshalwa. Ngakho-ke, ukuhlaziywa kwe-DCF kuyasiza kunoma yisiphi isimo lapho umuntu ekhokha imali okwamanje ngokulindela ukuthola imali eyengeziwe esikhathini esizayo. Ukuze enze ukuhlaziya kwe-DCF, umtshali-zimali kufanele enze izilinganiso mayelana nokugeleza kwemali kwesikhathi esizayo kanye nenani lokugcina le-investimenti, okokusebenza, noma ezinye izimpahla.
Ifomula yokubala ukuhamba kwemali enesaphulelo
Ukuhlaziywa kokugeleza kwemali okunesaphulelo kubala inani lamanje lokugeleza kwemali okulindelwe okuzayo kusetshenziswa isilinganiso sesaphulelo. Abatshalizimali bangasebenzisa umqondo yenani lamanje lemali ukuze banqume ukuthi ukugeleza kwemali okuzayo kwe-investimenti noma iphrojekthi kukhulu kunevelu ye-investimenti yokuqala. Uma inani le-DCF elibaliwe lingaphezulu kwezindleko zamanje zokutshalwa kwezimali, ithuba kufanele licatshangelwe. Uma inani elibaliwe lingaphansi kwezindleko, lingase lingabi ithuba elihle, noma ucwaningo nokuhlaziya okwengeziwe kungase kudingeke ngaphambi kokuqhubekela phambili nalo.
Ifomula yokubala ukuhamba kwemali enesaphulelo.
Izinzuzo kanye nokubi zokusebenzisa ukubalwa kwemali engenayo enesaphulelo
| Izinzuzo | nebubi |
| Ukuhlaziywa kokugeleza kwemali okunesaphulelo kunganikeza abatshalizimali namabhizinisi umbono wokuthi ingabe utshalomali oluhlongozwayo lubalulekile yini. | Umkhawulo oyinhloko wokuhlaziywa kokugeleza kwemali okunesaphulelo ukuthi kuhilela izilinganiso, hhayi izibalo zangempela. Lokho kusho ukuthi ukuze i-DCF ibe usizo, abatshalizimali ngabanye kanye namabhizinisi kufanele balinganisele kahle isilinganiso sesaphulelo kanye nokugeleza kwemali. |
| Ukuhlaziya okungasetshenziswa ekutshalweni kwezimali okuhlukahlukene kanye namaphrojekthi amakhulu lapho ukugeleza kwemali kwesikhathi esizayo kungalinganiswa ngokunengqondo. | Ukugeleza kwemali kwesikhathi esizayo kuncike ezicini ezihlukahlukene, njengesidingo semakethe, isimo somnotho, ubuchwepheshe, ukuncintisana kanye nezinsongo ezingalindelekile noma amathuba. Lezi zici azikwazi ukubalwa ngokunembile. |
| Ukuqagela kwakho kungalungiswa ukuze kutholwe imiphumela ehlukene kuzimo ezihlukene zokuthi kuthiwani. Lokhu kungasiza abasebenzisi ukuthi bacabangele ukuqagela okungenzeka okuhlukile. | I-DCF akufanele kuthenjelwe kuyo kuphela nakuba izilinganiso eziqinile zingenziwa. Izinkampani nabatshalizimali kufanele bacabangele ezinye izici ezaziwayo lapho behlola ithuba lokutshala izimali. |