Rückzahlungsmodell

Rückzahlungsmodell, also known as the payback period, is a financial metric used to determine the length of time required to recover the initial investment made in a project or investment. It is a simple and widely used method to evaluate the liquidity of an investment.

The Rückzahlungsmodell is calculated by dividing the total initial investment by the net cash flow generated by the investment per period. The period can be any unit of time, such as months or years, depending on the context of the investment. The resulting number represents the number of periods required to recover the initial investment.

For example, if an investment has an initial cost of €10,000 and generates annual cash flows of €2,000, the Rückzahlungsmodell would be calculated as follows:

Rückzahlungsmodell = Initial Investment / Annual Cash Flow

Rückzahlungsmodell = €10,000 / €2,000

Rückzahlungsmodell = 5 years

This means that it would take 5 years to recover the initial investment of €10,000 through the annual cash flows of €2,000.

While the Rückzahlungsmodell provides a straightforward measure of the time required to recover an investment, it does not consider the time value of money or the potential for future cash flows beyond the payback period. Therefore, it should be used in conjunction with other financial metrics to make informed investment decisions.