Alphabet financial leverage is the degree to which the firm utilises its fixed-income securities. Companies with high leverage are usually considered to be at financial risk. Alphabet Inc financial risk is the risk to Alphabet stockholders that is caused by an increase in debt. In other words with a high degree of financial leverage come high interest payments which usually reduces Earnings Per Share (EPS). Please also check analysis of Alphabet Fundamentals Over Time
The company currently holds 3.96 B in liabilities with Debt to Equity (D/E) ratio of 2.6 implying the company greatly relies on financing operations through barroing. Alphabet Inc has Current Ratio of 5.89 suggesting that it is liquid enough and is able to pay its financial obligations when they are due.