scholarly journals Application of Canonical Variate Analysis to Compare Different Groups of Food Industry Companies in Terms of Financial Liquidity and Profitability

Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4701
Author(s):  
Dorota Czerwińska-Kayzer ◽  
Joanna Florek ◽  
Ryszard Staniszewski ◽  
Dariusz Kayzer
Keyword(s):  
Sustainable Development ◽  
Food Industry ◽  
Canonical Variate Analysis ◽  
Canonical Variate ◽  
Cash Conversion Cycle ◽  
Variate Analysis ◽  
Financial Liquidity ◽  
Multidimensional Methods ◽  
Value Decomposition ◽  
The Relationship

Financial liquidity and profitability are two critical phenomena present in the financial economy of a company, whose relations depend on each other and may course in different directions. At the same time, they are an example of the complexity of the problem, which demands a proper approach, allowing one to reconcile two opposing objectives of any enterprise, i.e., maximizing the benefits for the owners and minimizing the risk of losing financial liquidity. Until now, the relationship between liquidity and profitability has not been examined explicitly, using multidimensional methods in particular. Nevertheless, the links between profitability and financial liquidity maintenance ensure the sustainable development of enterprises in different branches. This paper formulates two aims: scientific and practical. The scientific one concerns adopting the canonical variate analysis method to visualize the differences and relationships between food industry companies regarding financial liquidity and profitability. The practical one relates to indicating the relationship between financial liquidity and profitability in different groups of food industry companies. To study the relationships between the selected groups of enterprises and describe them, the liquidity and profitability ratios were utilized, involving canonical variate analysis based on transformation by linear combination and singular value decomposition. The analysis found that the most important feature highlighting the group of the examined entities regarding financial liquidity was the cash conversion cycle. The research results showed the existence of multidirectional relationships between liquidity and profitability. The research indicates that they depend on indicators describing financial dependencies and the industries in which they operate. This led to a much deeper and broader interpretation of the assessment of the financial situation of companies to support their sustainable development.

Taxonomic relationships of Nearctic small-footed bats of the Myotis leibii group (Chiroptera: Vespertilionidae)

1984 ◽  
Vol 62 (12) ◽  
pp. 2519-2526 ◽  
Author(s):  
C. G. van Zyll de Jong
Keyword(s):  
Canonical Variate Analysis ◽  
Canonical Variate ◽  
Separate Species ◽  
Taxonomic Relationships ◽  
Morphometric Analyses ◽  
Cranial Measurements ◽  
Variate Analysis ◽  
Myotis Leibii

Crania and bacula of five taxa of small-footed bats of the leibii group, comprising two currently recognised species, Myotis californicus and M. leibii, were studied to elucidate their interrelationships. Canonical variate analysis of 14 cranial measurements shows the existence of three distinct nonoverlapping clusters corresponding to (i) M. californicus, (ii) M. I. ciliolabrum and M. I. melanorhinus, and (iii) M. I. leibii. The results of the morphometric analyses do not support the claim that M. I. leibii and M. I. melanorhinus intergrade in Oklahoma. The taxonomic interpretation of the results is that the western forms of M. leibii represent a separate species M. ciliolabrum (Mcrriam). The bacula of the taxa studied lack distinctive characters that would allow one to discriminate between the species of the leibii group.

scholarly journals An application of canonical variate analysis in profile comparison of dry matter content of white clover between ozone-sensitive and ozone-resistant clones exposed in ambient air conditions

2015 ◽  
Vol 52 (1) ◽  
pp. 23-35 ◽  
Author(s):  
Dariusz Kayzer ◽  
Anna Budka ◽  
Klaudia Borowiak ◽  
Janina Zbierska ◽  
Marta Lisiak
Keyword(s):  
White Clover ◽  
Dry Matter ◽  
Profile Analysis ◽  
Ambient Air ◽  
Matter Content ◽  
Canonical Variate Analysis ◽  
Canonical Variate ◽  
Dry Matter Content ◽  
The World ◽  
Variate Analysis

SummaryTropospheric ozone affects plant growth and the yield of main pasture species all around the world. Experiments are usually performed in fully controlled conditions; the number of investigations in ambient air conditions is still limited. Moreover, most investigations of the effect of ozone on white clover biomass production consider one series after the other, including a period without leaves. Hence, based on the recommendations, additional series are proposed and studied here. The responses of sensitive and resistant white clover clones are presented and compared using multivariate analysis of variance and profile analysis. The canonical variate analysis used here makes it possible to present the profile comparison of dry matter content of white clover graphically in Euclidean space. The investigations revealed a difference in response between clones and the necessity of using the additional series.

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