财务风险是指因举债经营而给企业盈利带来的不确定性,企业如果通过借入资金来扩大生产或者维持生产经营,就存在因负债引起的财务风险。当债务比率较高时,投资者将承担较高的债务成本,并承受由负债带来的企业收益不确定性,从而加大企业财务风险;反之,当债务资本率较低时,企业财务风险就相对要小 Financial risk refers to the uncertainty of corporate profits due to the operation of debt. If a company expands production or maintains production and operation by borrowing funds, there is a financial risk caused by the liability. When the debt ratio is high, investors will incur higher debt costs and bear the uncertainty of the corporate earnings caused by the liabilities, so as to increase the corporate financial risk. On the contrary, when the debt capital ratio is low, the corporate financial risk It is relatively small