Análisis del nivel de endeudamiento y su efecto en el riesgo financiero del negocio en la empresa Van Service en el año 2014 y su incidencia en la toma de decisiones

Abstract

The research is conducted in the company "Van Service", dedicated to the provision of school and tourist transportation services. The main objective of the research is to determine the optimal capital structure, which means to establish the percentage of debt on the company's financial capital to maximize the value of the assets of its members. The determination of optimal capital structure, will be held from the development of a given model based on the company needs and the theory of capital structure, capital cost, as well as risk and return. For this process we will analyze the indicators of liquidity of the company and management recommendations obtaining the main factors related to the determination of the optimal structure. The development of research allows you to get as main results the analysis of the financial statements of the company and the structure of its debt, which enables determining the optimum structure of the capital of the company by the CAPM method.