浅议财务杠杆作用的限制条件

Analysis of Limited Conditions of Financial Lever

财务杠杆在企业筹资活动中发挥作用 ,正确运用可以给企业带来杠杆利益 ,反之 ,将使企业陷入困境。所以 ,利用财务杠杆筹资就要研究财务杠杆作用的限制条件 ,如普通股资本净值、借款利率的高低、经营风险的大小、现金收支的状况等。

Financial lever can play a role in an enterprise’s financial activities. If used properly, financial lever can bring lever interest to an enterprise; on the contrary, it can result in difficulties. Therefore, limited conditions of financial lever should be researched carefully, such as common stock net capital, loan interest operating risk and condition of cash flow.