英语翻译一般来说这个时期的企业尤其是中小企业是很难获得资金的,但是由于先前时期的积累企业可以在不改变

英语翻译一般来说这个时期的企业尤其是中小企业是很难获得资金的,但是由于先前时期的积累企业可以在不改变

Generally speaking,this period of enterprises,especially SMEs,it is difficult to obtain financing,but because of prior periods and the accumulation of enterprises can not change its capital structure through debt issuance of this form of further use of financial leverage to obtain funding.This is because on the one hand,a recession is a sunset period of enterprises,is that the enterprises of the gestation period of new vitality.In the relatively well-developed capital market situation,if the new growth for the industry and market of great potential,then the rational investors will be willing to take risks,high debt ratio would mean that the high rate of return,if the new to the industry is not ideal,investors will be for future investments of self-judgment,because rational investors and creditors are fully capable of enterprises through the evaluation of future prospects to determine whether the liquidation value of its assets exceed its liabilities face value.Thus,the market environment for enterprises to adopt high debt financing has created objective conditions.Other hand,the recession of the enterprises have a certain degree of financial strength,its current industry backed,high debt financing strategies in terms of the enterprise itself is feasible.

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