关于适度负债问题的探讨

On Management With Moderate Liabilities

企业债务问题是伴随着经济体制改革的进行而出现的,是现代企业的基本特征之一。负债经营有利有弊,一方面负债可以迅速筹集资金,弥补企业资金不足,给企业带来经济效益;另一方面负债给企业带来风险,负债的比率越高,风险越大,当企业经营不善,投入资金不能收回,无力偿还到期债务时,企业就会倒闭,因此负债要适度。如何确定负债率,可以从财务和企业环境两个方面综合分析。

Management with liabilities is one of the characteristics of modern enterprises. It has both advantages and disadvantages. On the one hand, it can help to accumulate capitals rapidly, makes up for the lack of capitals and thus benefits the enterprise; on the other hand, it endangers the enterprise in that when the management is not in good condition and investment can't be taken back to pay for due liabilities, the enterprise is likely to go bankrupt. So management with liabilities should be conducted on a moderate level, and the appropriate ratio of liabilities can be calculated through a comprehensive analysis of the enterprise's financial affairs and environment.