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banche su circolante

English translation: ratio of amounts payable to banks to working capital


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14:49 Oct 13, 2011
Italian to English translations [PRO]
Bus/Financial - Accounting / annual report
Italian term or phrase: banche su circolante
In a table titled "indici della situazione patrimoniale (importi in %)"

"copertura immobilizzazioni
banche su circolante
rapporto di indebitamento..."

I found a definition online, but don't know how to translate "banche su circolante"
"Banche su Circolante TOTALE DEBITI VS BANCHE/CIRCOLANTE è un indicatore strutturale che indica il grado di copertura del circolante effettuato con fonti di finanziamento bancario. La sua lettura dovrà avvenire congiuntamente al rapporto che segue (banche a breve su circolante) per verificare che gli investi-menti a pronto rigiro (circolante) vengano finanziati con capitali di durata analoga. In linea teorica un valore inferiore all‟unità di questo indicatore (e di conseguenza un valore uguale o ancor più piccolo dell‟altro indicatore) potrebbe presentare una situazione di allarme in quanto il circolante sarebbe finanziato da mezzi propri che più correttamente dovrebbero, invece, supportare gli investimenti di maggiore du-rata. Al contrario valori molto superiori all‟unità dovranno essere letti con l‟altro indicatore per verificare che l‟azienda non utilizzi finanziamenti a breve a copertu-ra di investimenti fissi." http://www.diem.unige.it/30_bis.pdf
Imogen Hancock
Local time: 03:52
English translation:ratio of amounts payable to banks to working capital
Explanation:
You might be able to abbreviate this to something like bank loans/working capital in a table if this indicator is discussed more fully in the accompanying text. Working capital is net current assets. It is an indicator of how likely a company is to run out of cash from one day to the next because it is too dependent on banks. These indicators are usually specific to Italy while US and UK indicators are similar but not identical.
Selected response from:

James (Jim) Davis
Italy
Local time: 04:52
Grading comment
many thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4ratio of amounts payable to banks to working capital
James (Jim) Davis
3bank finance to working capital gap ratio
alexmills
3(short-term) bank drafts/bills payable
Peter Cox


  

Answers


25 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5
(short-term) bank drafts/bills payable


Explanation:
circolante are either bank drafts (cerified bank cheques) or bills of exchange, but may also be ordinary endorsed cheques (i.e. cheques endorsed over to someone else - rare these days are most cheques are "account payee" only).

Peter Cox
Local time: 04:52
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 297
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36 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
ratio of amounts payable to banks to working capital


Explanation:
You might be able to abbreviate this to something like bank loans/working capital in a table if this indicator is discussed more fully in the accompanying text. Working capital is net current assets. It is an indicator of how likely a company is to run out of cash from one day to the next because it is too dependent on banks. These indicators are usually specific to Italy while US and UK indicators are similar but not identical.

James (Jim) Davis
Italy
Local time: 04:52
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 985
Grading comment
many thanks
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
bank finance to working capital gap ratio


Explanation:
"This ratio indicates the dependence of the firm on bank finance and is calculated as
Short-term bank borrowings/ Working Capital Gap

Where Working capital gap =
Current assets – Current liabilities excluding bank borrowings"
Thanks for the link, nice Glossario



    Reference: http://www.themanagementor.com/enlightenmentorareas/finance/...
alexmills
Local time: 22:52
Native speaker of: Native in ItalianItalian, Native in EnglishEnglish
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