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什么是杠杆率?杠杆率是衡量债务风险的重要财务指标。微观上,杠杆率指主体的权益资本与总资产的比率,一般将其倒数称为杠杆倍数,反映其还款能力。借入资金(负债)比本金(权益)越多,杠杆的力量越强。但是,利率的反噬作用也会越强。加杠杆的临界点在于资本的收益与借款的利息成本之比,如果收益大于利息,则这个杠杆
What is leverage? Leverage is an important financial measure of debt risk. At the micro level, the leverage ratio refers to the ratio between the equity capital and the total assets of the main body. Generally speaking, the reciprocal number is called the leverage ratio, reflecting the repayment ability. Borrowing funds (liabilities) more than the principal (equity), the stronger the leverage. However, the bickering effect of interest rates will be stronger. The critical point of adding leverage is the ratio of the return on capital to the interest cost on borrowing. If the return is greater than interest, then the leverage