企业的发展若完全依靠自有资金，就很难有足够的资金进行扩大再生产，发展速度将受到限制，大量的发展机遇将失去。邮电企业的超常规高速发展，决定了邮电企业将长期走负债经营之路。本文分析负债经营的利弊，介绍了几项企业负债能力的财务指标，阐述如何确定企业合理负责能力。邮电企业负责经营遵循的原则和应把握的问题。 If the development of an enterprise depends entirely on its own funds, it will be very hard to have sufficient funds for the expansion of reproduction. The rate of development will be limited and a great deal of development opportunities will be lost. The extraordinary rapid development of postal and telecommunications enterprises has determined that postal and telecommunications enterprises will take the long-term debt management business. This article analyzes the advantages and disadvantages of debt management, introduces the financial indicators of several companies’ ability to indebted and explains how to determine the reasonable and responsible capacity of an enterprise. The postal and telecommunications enterprises are responsible for the principle of operation and the problems they should grasp.