In enterprise management, the level of asset-liability ratio is not static, it depends on the different angles of creditors, investors (or shareholders) and operators; It also depends on whether the international and domestic economic environment is at the peak of decline or at the bottom of recovery;
Depending on whether the management is radical, moderate or conservative, there is no uniform standard for many years, but for enterprises, it is generally believed that the appropriate level of asset-liability ratio is 40% ~ 60%.
Extended data:
From the standpoint of investors, investors are concerned about whether the profit rate of all capital exceeds the interest rate of borrowed capital, that is, the interest rate of borrowed funds. If the profit rate of all capital exceeds the interest rate, the profit of investors will increase. If, on the contrary, the profit rate of all capital is lower than the interest rate of borrowed funds, the profit of investors will be reduced, which is unfavorable to investors.
Because the excess interest of borrowed capital should be compensated by the share of profits obtained by investors, investors hope that if the profit rate of all capital is higher than the interest of borrowed capital, the higher the asset-liability ratio, the better, and vice versa.
Baidu encyclopedia-asset-liability ratio