Research on a Dynamic Evaluation of Financial Risks of Intellectual Property Pledge Financing of High-Tech Enterprises

Table 1

Risks evaluation indicator system.

First-level indicator	Second level indicator
Debt paying ability	Current ratio, asset-liability ratio, current liability ratio
Profit ability	Operating profit ratio, return on total assets ratio, return on equity
Operating ability	Inventory turnover ratio, total assets turnover, fixed assets turnover
Growth ability	Net profit growth rate, total assets growth rate,
	Increase rate of main business revenue
Cash flow	Net cash flow from operating activities per share,
	Cash ratio of operating income, ratio of cash to current liability
Innovation ability	Intangible asset ratio