Research Article

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

Table 2

Objective weight of risk evaluation indicators.

First-level indicatorSecond level indicatorWeight 1Weight 2

Debt paying abilityCurrent ratio0.0410.306
Asset-liability ratio0.199
Current liability ratio0.066

ProfitabilityOperating profit ratio00440.107
Return on total assets ratio0.032
Return on equity0.031

Operating abilityInventory turnover ratio0.0510.162
Total assets turnover0.051
Fixed assets turnover0.06

Growth abilityNet profit growth rate0.010.103
Total assets growth rate0.066
Increase rate of main business revenue0.027

Cash flowNet cash flow from operating activities per share0.0440.178
Cash ratio of operating income0.076
Net cash flow from operating activities per share0.058

Innovation abilityIntangible asset ratio0.1440.144