1. What is the normal range of the asset-liability ratio? The asset-liability ratio is a comprehensive indicator for evaluating a company's debt level. It is also an indicator that measures the company's ability to use creditor funds for operating activities, and also reflects the safety of creditor loans. For enterprises: It is generally believed that the appropriate level of asset-liability ratio is 40~60. 1. The asset-liability ratio of 70 is called the warning line. However, the indicators of asset-liability ratios in different industries are different. To determine whether the asset-liability ratio is reasonable, we can judge from the following different perspectives: (1) From the perspective of creditors, what they are most concerned about is whether they can recover the principal and interest on time. They hope that the lower the debt ratio, the better. If debt repayment is guaranteed, the risk of the loan will not be too great. (2) From the perspective of shareholders, what they care about is the price of borrowed capital. When the total capital profit rate is higher than the borrowing interest rate, the larger the debt ratio, the better, and vice versa. (3) From the perspective of the operator, if the debt is large and exceeds the psychological endurance of the creditors, the company will have no money to borrow; if it does not borrow money, it means that the company is conservative in its operations or lacks confidence and uses creditors' capital to carry out business activities. Insufficient ability. Therefore, business operators must weigh the pros and cons and define a reasonable asset-liability ratio range. 2. Abnormal asset-liability ratio: If the asset-liability ratio reaches 100 or exceeds 100, it means that the company has no net assets or is insolvent.

2. How to keep the asset-liability ratio of enterprises within a reasonable range. It is also extremely important to find out the true gearing ratio. As the key factor affecting the asset-liability ratio, assets = liabilities owners' equity. Therefore, in order to reduce the asset-liability ratio, one can increase assets or reduce liabilities. However, the assets reflected in the balance sheet often contain a certain amount of water. It would be far-fetched to simply use the balance sheet data to analyze the asset-liability ratio. Therefore, it is necessary to restore the real assets and liabilities and squeeze out the water.

3. Who are the users of the asset-liability ratio

1. Creditors From the perspective of creditors, what they are most concerned about is the safety of various financing methods and whether they can be recovered on time Principal and interest, etc. If the capital provided by shareholders only accounts for a small proportion compared to the total assets of the company, the risk of the company will be mainly borne by creditors, which is unfavorable to creditors. Therefore, creditors hope that the asset-liability ratio is as low as possible, the company's debt repayment is guaranteed, and the funds provided to the company do not carry too much risk.

2. Investors From the perspective of investors, what investors are concerned about is whether the total capital profit rate exceeds the interest rate of borrowed capital, that is, the interest rate of borrowed funds. If the rate of return on all capital exceeds the interest rate, the profits received by investors will increase. If, on the contrary, the rate of return on all capital is lower than the interest rate on borrowed funds, the profits received by investors will decrease, which is detrimental to investors. . Because the excess interest on borrowed capital must be made up with the investor's share of profits, under the premise that the total capital profit rate is higher than the interest on borrowed capital, investors hope that the asset-liability ratio is as high as possible, otherwise the opposite is true.

3. Operators From the perspective of operators, if the amount of debt is large and exceeds the psychological tolerance of creditors, the company will not be able to raise funds. The larger the borrowed funds (of course not blind borrowing), the more energetic the enterprise appears. Therefore, operators hope that the asset-liability ratio will be slightly higher, and they can use debt operations to expand production scale, expand markets, enhance corporate vitality, and obtain higher profits. The above is all the content about the normal range of asset-liability ratio. Corporate debt is conducive to solving the company's lack of funds and promoting corporate development. Since enterprises must continue to explore and develop, developing new varieties and adopting new processes require a large amount of capital, which is sometimes difficult to cope with solely relying on the enterprise's own funds. However, while operating with debt, we must also pay attention to the debt ratio and the warning line to avoid bankruptcy and other situations.