摘要:企業償債能力是反映企業財務狀況和經營能力的重要標志，企業有無支付現金的能力和償還債務能力，是企業能否生存和持續健康發展的關鍵。企業償還各種到期債務的能力大小，是決定企業財務狀況優劣的基本要素之一。

　　　對企業償債能力進行科學合理地評價，既關系到企業財務風險乃至經營風險是否得以有效地控制，也關系到與企業有關的投資者、債權人及社會公眾的經濟利益。所以在市場經濟條件下開展經營活動的現代企業，其償債能力是衡量企業財務管理的核心內容。

　　　本文根據償債能力分析的相關知識，利用比較分析法，比率分析法和趨勢分析法對華僑城A公司的財務報表進行分析，計算、評價了該公司的償債能力，并提出了幾點提高償債能力的建議。

關鍵字：償債能力  比率分析  比較分析

ABSTRACT:Corporate solvency is an important sign reflecting the financial standing and operating capabilities of a company. Whether a company has the ability to maintain good cash flow and pay back debts is the key to the company's ability to survive and sustain healthy development. And how well a company can repay various maturing debts is the determing factor in evaluating the merits of a company's financial position.

　　　Properly and systematically evaluating the solvency of a company relates both to the effective control of the company's financial and operating risks and the financial interests of the related investors, creditors and the public. Therefore, for a modern enterprises operating in a market economy, its solvency is a core element in measuring the company's corporate financials.

　　　Relying on related knowledge in solvency analysis, this thesis evaluates the financial reports of the OCT Company and analyze the solvency of the company using comparative analysis, ratio analysis and trend analysis, and made several recommendations on how to improve the solvency. 

Keywords:  Solvency; Ratio Analysis; Comparative Analysis