In short, we reject the idea that an excess capital stock is depressing corporate earnings.

简单地说，我们反对过剩资本压制了公司收益的观点。

youdao

Surely, then, with their high profitability, they should be throwing off plenty of excess capital?

那么，既然它们有很高的盈利能力，它们肯定会。

youdao

Only when the core business can absorb excess capital, the enterprise should be the problem of diversification.

只有当核心业务不能吸收过剩的资本，企业才该考虑多元化的问题。

youdao

It will put some of the company's vast pool of excess capital to more productive work.

FORBES: Schulte-Noelle Scores

Corporations remain in top shape in terms of balance sheet liquidity and excess capital.

FORBES: My Country, Right Or Wrong, My Country!

Value investors like Einhorn are known for wanting companies to return any excess capital to shareholders.

FORBES: Einhorn Says Apple Needs To Lose The Steve Jobs 'Depression Mentality' On Cash