✅ | ESTRUCTURA ECONOMICA y FINANCIERA de la EMPRESA| Economía 2º Bachillerato 117#
Understanding the Economic-Financial Structure of a Company
Overview of Economic and Financial Structures
- The chapter focuses on developing the economic-financial structure of a company, emphasizing the importance of the balance sheet in recognizing this structure.
- The balance sheet is divided into two parts: the right side represents financial structure (Liabilities and Net Equity), while the left side reflects economic structure (Assets).
Components of Economic Structure
- The economic structure consists of all investments made by a company, including tangible and intangible assets, collection rights, and cash.
- It is categorized into two main items:
- Non-current Assets: Long-term investments lasting over one year (e.g., machinery, buildings).
- Current Assets: Short-term investments remaining for less than 12 months (e.g., inventories, cash).
Understanding Financial Structure
- The financial structure encompasses resources from various financing sources that enable asset acquisition.
- It is divided into three groups:
- Equity: Resources owned by the company (e.g., share capital, reserves).
- Non-current Liabilities: Obligations due after more than 12 months (e.g., mortgage loans).
- Current Liabilities: Obligations due within less than 12 months (e.g., debts with suppliers).
Balancing Economic and Financial Structures
- Companies must maintain a relationship between asset liquidity and liability enforceability to avoid insolvency risks.
- Non-current assets should be financed with non-current liabilities or equity; current assets can also utilize part of non-current liabilities or equity for stability.
Importance of Maneuver Fund