How to calculate the capital cost of enterprise loans?

First, how to calculate the capital cost of enterprise loans?

The actual expenditure is 8 million, with an annual interest rate of 7.605%/0.8/360=0.026%.

The daily capital cost is so much.

Second, how to calculate the capital cost of enterprises without loans?

The cost of capital is the cost of obtaining funds, which mainly includes the cost of raising funds and the cost of occupying funds. Capital cost = annual fee (total financing-financing cost). Financing expenses, such as printing fees, attorney fees, notarization fees, guarantee fees, advertising fees, etc., but when an enterprise issues stocks and bonds, the handling fees paid to the issuing company are not regarded as the financing expenses of the enterprise, and the fund occupation fee refers to the expenses that should be paid for occupying other people's funds, or the remuneration that the fund owner demands from the fund users by virtue of its ownership of funds, such as dividends, bonuses, interest paid by bonds and bank loans.

Third, how to calculate the financing cost?

1. The calculation formula of financing cost is as follows: financing cost = annual consumption cost/(financing amount financing cost).

2. Generally speaking, the financing cost of an enterprise includes two parts: handling fee and financing cost. Because most small and micro enterprises have small loans (financing amount) and low reputation, other expenses (financing expenses) paid in the financing process are relatively high.

Extended data:

In general, the financing cost index is expressed by the financing cost rate: financing cost rate = capital use fee ÷ (total financing-financing cost). The financing cost here is the capital cost, which is the analysis object in the financing process of general enterprises.

However, from the perspective of modern financial management concept, such analysis and evaluation can not fully meet the needs of modern financial management, and several other related costs of financing should be considered in a deeper sense.

The first is the opportunity cost of enterprise financing. As far as the internal financing of enterprises is concerned, it is generally used "free of charge" and there is no need to actually pay the financing cost (here mainly refers to the financial cost).

However, judging from the average income of various social investments or capitals, the retained income of endogenous financing should also be paid after use, which should be no different from other financing methods. The only difference is that internal financing does not need external payment, while other financing methods must be external payment. The financing cost of endogenous financing represented by retained earnings should be the profit rate of common stock, but it has no financing cost.

The second is risk cost, which mainly refers to bankruptcy cost and financial distress cost. The bankruptcy risk of enterprise debt financing is the main risk of enterprise financing, and the loss of enterprise value related to enterprise bankruptcy is the bankruptcy cost, that is, the risk cost of enterprise financing.

The cost of financial distress includes legal, management and consulting fees. Its indirect costs include financial difficulties that affect the enterprise's operating ability, at least reducing the demand for enterprise products, and the time and energy spent by management without the permission of creditors.

Finally, corporate financing must also pay agency costs. There will be a principal-agent relationship between the users and providers of funds, and the principal needs to supervise and encourage them to restrain the agent's behavior. The resulting supervision cost and restraint cost are the so-called agency cost.

In addition, capital users may also make investment behaviors that deviate from the maximization of customers' interests, resulting in overall efficiency loss.