Digital Finance, Financing Constraint and Enterprise Financial Risk

Table 2

Descriptive statistics.

Variable	Obs	Mean	Std. Dev.	Min	P50	Max
z	23475	1.308	2.579	−1.87	0.758	23.014
DIF	23475	5.376	0.702	2.786	5.643	6.068
DIF-B	23475	5.282	0.784	0.673	5.584	5.984
DIF-D	23475	5.418	0.665	1.911	5.638	6.192
Level	23475	0.417	0.213	.043	0.407	0.933
Size	23475	22.113	1.309	19.506	21.931	26.171
Rate	23475	1.152	3.293	−8.982	0.136	33.474
Cash	23475	0.181	0.143	0.01	0.138	0.692
Capital	23475	2.491	2.081	−2.343	2.177	17.485
Equity	23475	36.367	15.394	8.77	34.390	79.04