【中文版】

企业杠杆率是指企业通过债务融资所获取的资产与自由资金的比例。简单来说，企业杠杆率是企业通过借款来增加其资产的方式，反映了企业的债务负担和偿债能力。

企业杠杆率的计算公式为：企业负债总额/资产总额。其中，企业负债总额包括短期负债和长期负债，资产总额则是企业所拥有的各类资产总额。

企业杠杆率在一定程度上反映了企业的经营风险和财务状况。一般来说，过高的杠杆率会增加企业的债务负担，降低企业的偿债能力，从而影响企业的经营和发展。因此，企业需要在经营过程中合理控制债务规模，保持健康的杠杆率水平。

在实际经营中，企业杠杆率的高低也反映了企业的经营策略和风险偏好。一些企业更倾向于通过债务融资来增加资本规模，以获取更高的收益；而另一些企业则更注重稳健经营，避免过高的债务风险。

总之，企业杠杆率是评估企业经营风险和财务状况的重要指标之一，对于投资者、债权人、监管机构等利益相关方都具有重要的参考意义。

【英文版】

The enterprise leverage ratio refers to the proportion of assets obtained through debt financing to the free funds of the enterprise. In simple terms, the enterprise leverage ratio is the way for the enterprise to increase its assets through borrowing, which reflects the debt burden and solvency of the enterprise.

The calculation formula of enterprise leverage ratio is: total debt/total assets. Among them, total debt includes short-term debt and long-term debt, while total assets refer to the total assets owned by the enterprise.

The enterprise leverage ratio reflects the business risk and financial status of the enterprise to a certain extent. Generally speaking, too high leverage ratio will increase the debt burden of the enterprise, reduce its solvency, and thus affect its operation and development. Therefore, in the operation process, the enterprise needs to control the debt scale reasonably and maintain a healthy leverage ratio level.

In practical operation, the high and low enterprise leverage ratio also reflects the business strategy and risk preference of the enterprise. Some enterprises tend to increase their capital scale through debt financing to obtain higher returns; while others pay more attention to stable operation and avoid too high debt risks.

In summary, the enterprise leverage ratio is one of the important indicators to evaluate the business risks and financial status of enterprises, which has important reference significance for stakeholders such as investors, creditors, and regulatory agencies.