Numerical Analysis of Loan-to-value Ratio of Inventory Financing Based on Logistics Financial Innovation

摘要

Based on a kind of dynamic pledge loan under logistics financial innovation, this study adopts risk evaluation method of ?corporate and debt?, considers the impact of time to capture and liquidity risk and establishes loan-to-value ratio decision model of inventory financing with randomly-fluctuate price. And then, takes copper for an example, confirms all model parameters and analyzes the impact of different factors on loan-to-value ratio. The research shows: these factors such as marking-to-market frequency, loan period, default probability, time to capture and liquidity risk have different impacts on loan-to-value ratio and the numerical analysis of their correlativity can provide scientific guidance for risk control practice of decision-makers of inventory financing.