The liquidity remains trapped in the industrial equipment
According to the last investigation of the unit
In comparison with Spain, the liquidity inmovilizada in the industry of manufacture during the same period rises to 12.200 million euros in the United Kingdom (0,12% of GDP) and 58.800 million euros in Germany (0,44% of GDP). Also there are important quantities of liquidity trapped in the sector of manufacture of emergent economies: 1.371.600 million euros in China (2% of GDP), 166.800 million euros in India (0,70% of GDP) and 27.800 million euros in Turkey (0,53% of GDP)
This capital can not head to other activities of development of the business, like improvement of products, initiatives of sales or increase of production by growth of the demand. Therefore, has an effect restrictivo in the competitive situation of the companies and supposes a cost of opportunity lost. The levels of liquidity inmovilizada represent like average roughly 75% of the volume of business of manufacture. Since the margins of net profit in manufacture to global level are of 10% to 11%, the Liquidity Inmovilizada equivaldría to roughly 7% of the annual profit.
The financials of active, in particular leasing and renting, presents increasingly like an effective method to free the liquidity at present inmovilizada in the direct purchase of equipment. When delivering the investment in goods of capital along a term of financials agreed, reduces the need of initial outlay, increasing like this the available bottoms for the costs of exploitation. Like this, the companies can access to the last technologies, without having to engage the scarce capital or resort to lines of traditional credit. From here, the available capital can use to fund other business activities of short term. Besides, the financials can cover other appearances like the installation, maintenance, service, learning and updates/enlargements of the acquisitions.
“The industrial companies have to update, renew and expand his equipment, machinery and technology to compete in a global market highly competitive, ” affirms José Luis Manzanal, director of Sales of Siemens Renting. “However, they have to fund the acquisitions of a way that was financially efficient employing technical of financials of active. This no only allows them conserve very valuable capital, but also it gives them additional financial flexibility.”
The results of the investigation base in relative projections to the cost in goods of capital by industrial companies between 2014 and 2018 in ten countries: China, France, Germany, India, Poland, Russia, Spain, Turkey, United Kingdom and EE UU. Afterwards they adjusted these figures to reflect the proportion of cost in industrial equipment for which the financials of active is a technician of appropriate financials. Based in the data of associations of leasing of each country, the figures adjusted even more to reflect the volume of this investment in goods of capital already funded through leasing. The remaining figure considers Liquidity Inmovilizada.
