破产成本是指企业支付财务危机的成本。它在负债率较高的企业经常发生。负债率越高,就越难实现财务上的稳定,发生财务危机的可能性就越大。如果负债率过高导致公司破产,需要支付庞大的法律诉讼和清算费用;即使企业尚未破产,负债过多也会直接影响资金的使用,使企业在融资信誉度、原材 The cost of bankruptcy refers to the cost of paying the financial crisis. It occurs frequently in companies with high debt ratios. The higher the debt ratio, the more difficult it is to achieve financial stability, the greater the likelihood of a financial crisis. If the debt ratio is too high, the bankruptcy of the company requires payment of huge legal proceedings and liquidation expenses. Even if the enterprise has not gone bankrupt, the excessive debt will directly affect the use of the funds, so that the enterprises will have a good reputation in the financing,