Debt management is the important way of modern enterprise development, but at the same time the enterprise debt management is a "double-edged sword". On the one hand, the indebtedness can make up the shortage of funds, effectively reduce the enterprise average cost of capital, And use of financial leverage to make enterprises realize higher earnings. , on the other hand, the transition liabilities will brings to the enterprise risk, cause a conflict between shareholders and creditors. Liabilities, therefore, reasonably and effectively is the core issue of corporate indebtedness. Therefore, the enterprise should be carried out from their own environment according to the comprehensive analysis of overall consideration, set up the correct view of indebtedness, grasp the good time to determine and choose the best debt scale and structure, fully exercise financial leverage effect, select the appropriate financing channels, continuously promote the sustained and healthy development of enterprises.
At present stage in our country, financing become one of the most important financial channel. Debt financing is the modern enterprise's main financing way. The debt is the financing risk, therefore, for debt and cause risk is also each enterprise could not avoid the reality of the problem.