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Finance and Credit
 

Features of determination and estimation of financial leverage: domestic and foreign experience

Vol. 18, Iss. 38, OCTOBER 2012

Available online: 20 October 2012

Subject Heading: Financial management

JEL Classification: 

Laskina L.Y. PhD in Economics Associate Professor of department "Economy and Finance", the St. Petersburg State University of Refrigeration and Food Engineering
risk05@mail.ru

In the article the approaches to definition and an assessment of the financial leverage, presented in domestic and foreign economic literature are analyzed. The economic model developed on the basis of interrelation of factor of covering of percent and level of financial leverage, allows to define admissible level of financial risk of the industry.

Keywords: financial leverage, financial risk, debt, interest coverage ratio

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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