在《财务管理》教学中,杠杆原理是筹资决策理论中的一个重要组成部分,涉及营业杠杆、财务杠杆和联合杠杆三方面内容。杠杆效应的量化指标--杠杆系数的计算,是该门课程的一个重点。但是,如何计算杠杆系数,教材中,课堂上却有不同的处理方式。本文对杠杆系数的计算方式发表一下自己的看法,希望与同行共同探讨。 In the teaching of “financial management”, the principle of leverage is an important part of the financing decision-making theory, covering three aspects: operating leverage, financial leverage and joint leverage. Leverage the quantitative indicators - leverage coefficient calculation, is a key focus of the course. However, how to calculate the leverage coefficient, textbooks, there are different ways in the classroom. This article on the calculation of leverage coefficient published their own views, I hope to discuss with colleagues.