The Impact of Leverage Financing on Financial Performance of Some Manufacturing Industries in Nigerian Stock Exchange

In this study, financial leverage was exploded to ascertain its impact on financial performance.The data for this research were accessed through secondary source.A total of twenty four (24) manufacturing companies listed on Nigeria Stock Exchange, four (4) companies data were used to verify and validate the research.Five (5) dependable variables were used to determine the impact of leverage financing on financial performance.The descriptive method was used to analyze the data generated for the research.General regression statistical tool was used to determine the relationship between the dependent and independent variables.The hypotheses were tested using descriptive statistics, general regression and correlation statistical tool.From the findings, the researcher observed that Return on Equity is significant to Return on Assets, Net Profit Margin and Assets Turnover.It was also observed that Return on Assets is significant to Return on Equity, Net Profit Margin and Assets Turnover.Net Profit Margin is also significant to Return on Equity, Return on Assets and Assets Turnover.Also Assets Turnover is significant to Return on Equity, Return to Assets and Net Profit Margin.