摘要随着经济的发展，行业竞争日趋激烈，企业若想要在这个激烈的战场上立于不败之地，必须是要拥有足够多的资金做后盾的，但单靠企业的流动资金是微不足道的，这时候负债经营是获得资金来源的不可或缺的一个渠道。本文以卓艺家具有限责任公司（以下简称卓艺家具公司）近三年的主要的财务数据作为基础，通过对短期偿债能力和长期偿债能力的指标分析，得出了存货积压和应收账款变现能力差、现金流量水平较差、负债比例结构不合理、盈利能力不足以及偿债能力分析机制缺乏对外部环境影响的分析等问题，并且针对这些指标反映出的问题提出加强库存管理、加快应收账款周转、加强现金流量管理、制定合理的偿债计划、优化负债结构提高盈利能力、重视外部环境对偿债能力的影响等相应的对策，以便帮助该公司得到更好的发展。关键词：指标偿债能力举债经营AbstractWiththedevelopmentoftheeconomy,thecompetitionofthewholeindustryisbecomingmoreandmorefierce,iftheenterprisewantstobeinvincibleinthisfiercebattlefield,itmusthaveenoughfundstosupportit,buttheliquidityoftheenterprisealoneisinsignificant,atthistimethedebtmanagementisanindispensablechanneltoobtainthesourceoffunds.BasedonthemainfinancialdataofZhuoyiFurnitureCo.,Ltd.(hereinafterreferredtoasZhuoyiFurnitureCo.,Ltd.)inrecentthreeyears,thispaperanalyzestheshort-termsolvencyindexandlong-termsolvencyindex,andconcludesthattheinventorybacklogandaccountsreceivablerealizabilityarepoor,thecashflowlevelispoor,andthedebtratioispoorProblemssuchasunreasonablestructure,insufficientprofitabilityandlackofanalysisoftheexternalenvironmentalimpactofthesolvencyanalysismechanism,andtheproblemsreflectedbytheseindicators,suchasstrengtheninginventorymanagement,acceleratingtheturnoverofaccountsreceivable,strengtheningthemanagementofcashflow,makingreasonablerepaymentplans,optimizingthestructureofliabilities,improvingprofitabilityandpayingattentiontotheimpactoftheexternalenvironmentonsolvency,areproposedtohelpthecompanygetbetterdevelopment.Keywords:IndicatorSolvencyDebtmanagement目录HYPERLINK\l"_Toc18925_WPSOffice_Level1"一、引言1HYPERLINK\l"_Toc9293_WPSOffice_Level1"二、偿债能力的基本理论1HYPERLINK\l"_Toc9293_WPSOffice_Level2"（一）偿债能力的含义1HYPERLINK\l"_Toc22275_WPSOffice_Level2"（二）偿债能力分析的重要性2HYPERLINK\l"_Toc29674_WPSOffice_Level2"（三）偿债能力分析的指标2HYPERLINK\l"_Toc29674_WPSOffice_Level1"三、卓艺家具公司偿债能力现状3HYPERLINK\l"_Toc27157_WPSOffice_Level2"（一）短期偿债能力分析3HYPERLINK\l"_Toc13570_WPSOffice_Level2"（二）长期偿债能力分析5HYPERLINK\l"_Toc27157_WPSOffice