international finance and investment strategies for iron ore miners, dr molavi , dr tehrani
TRANSCRIPT
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Ques(on#1HowIranianCompaniestakedecisionforitsfinanceandinvestmentsstrategies?
Ques(on#2HowInterna(onalCompaniestakedecisionforitsfinanceandinvestmentsstrategies?
Ques(on#3WhatisTheroleofcompanies’capitalStructureforfinanceandinvestmentstrategies?
Ques(on#4Whatisyourcompany'scapitalstructure?
CapitalStructureandCostofCapital• Whatisyourcapitalstructure?
Equity100%
Equity83%
Debt17%
Equity45%
Debt55%
CapitalStructureandCostofCapital• Whatisthecostofcapital?
Equity83%
Debt17%
CostofEquity:Re
CostofDebt:Rd
CapitalStructureandCostofCapital• WeightedAverageCostofCapital(WACC)• TheWACCofcompanyshowusthepoten(alofcompe((venesswithrivals!
• HighWACCmeansyouneedHighMarginandHighIRRrangeprojects.
• Isitgoodforyou?
CapitalStructureandCostofCapital
CapitalStructureandCostofCapital
CapitalStructureandCostofCapital
CapitalStructureandCostofCapital
CapitalStructureandCostofCapital
WhatistheIraniancompanies’WACC?Whataboutyourbusiness?HowaboutAustralianorBrazilianRivals?
CapitalStructureandCostofCapital
GlencorePLCWACC
BHPWACC
RioRintoWACC
CHINASHEHUMAWACC
OurFutureandWACC• Myownmoney?• Domes(cFinance?• Interna(onalFinance?• Domes(cInvestment?• Interna(onalInvestment?• MergersandAcquisi(on?Domes(cofInterna(onal
Thankyou