scholarly journals Corporate Liquidity and Profitability Management: A Study on Textile Industry in Bangladesh

2021 ◽  
pp. 27-37
Author(s):  
Kaniz Fatema ◽  
A.K.M. Golam Rabbani Mondal ◽  
Md Amzad Hossain
Keyword(s):  
Textile Industry ◽  
Secondary Data ◽  
Annual Reports ◽  
Liquid Ratio ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity ◽  
Corporate Liquidity ◽  
Independent Variables ◽  
Textile Sector

Purpose: This study aims to identify, whether corporate liquidity has an impact on profitability management concerning the textile sector in Bangladesh. Design: This is a causal study where the dependent variable is profitability, measured by Return on Assets (ROA) and Return on Equity (ROE). For the independent variables, the study adopts the traditional liquidity variables, namely Current Ratio (CR), Liquid Ratio (LR), and Total Cash Ratio (TCR). This study is based on secondary data collected from the annual reports of selected textile companies. Here, multiple regression analysis and descriptive statistics techniques have been used to actualize the research objectives. Findings: The study shows that there is statistically insignificant impact of liquidity on profitability management. It is unlikely that liquidity has influences on profitability management among the textile companies in Bangladesh. Originality/Value: This study has empirically validated the impacts of corporate liquidity on profitability management. Therefore, the research can be helpful for cash management and increasing profitability concerning the textile sector.

scholarly journals Pengaruh Likuiditas, Leverage, Profitabilitas, dan Ukuran Perusahaan terhadap Financial Distress di Sektor Trade, Service, and Invesment

2021 ◽  
Vol 9 (3) ◽  
pp. 1227-1240
Author(s):  
Hasivatus Sariroh
Keyword(s):  
Firm Size ◽  
Financial Distress ◽  
Ordinal Data ◽  
Stock Exchange ◽  
Secondary Data ◽  
Sampling Technique ◽  
Annual Reports ◽  
Return On Assets ◽  
Current Ratio ◽  
Independent Variables

This study is a quantitative study that aims to determine the effect of the current ratio, debt to asset ratio, return on assets, and firm size on financial distress. Logistic regression method was used to test all relationships between independent variables and dependent variables with nominal/ordinal data scales. The dependent variable in this study is financial distress. The independent variables in this study are liquidity, leverage, profitability and firm size. This study uses secondary data from annual reports of trading, service, and investment companies listed on the Indonesia Stock Exchange from 2016 to 2018. The population used is companies in the trade, services, and investment sectors listed on the Indonesia Stock Exchange (IDX). from 2016 to 2018 with a total of 162 companies selected using purposive sampling technique. The results of hypothesis testing indicate that the current ratio, debt to asset ratio, return on assets, and firm size have no effect on the company's financial distress. From research conducted by researchers, for management to be used as a basis to take corrective actions if there are indications that the company experiencing financial distress. For investors, to be used as a basis in making the right decision to invest in a company.

scholarly journals The Determinant On Earnings Persistence In Automotive Companies In Indonesia

Riset ◽  
2020 ◽  
Vol 2 (1) ◽  
pp. 252-263
Author(s):  
Adibah Yahya ◽  
Saepul Hidayat
Keyword(s):  
Stock Exchange ◽  
Sample Selection ◽  
Secondary Data ◽  
Financial Ratios ◽  
Coefficient Of Determination ◽  
Earnings Persistence ◽  
Return On Assets ◽  
Current Ratio ◽  
Independent Variables ◽  
Total Debt

The purpose of this study was to determine the effect of the variable Current Ratio, Total Debt To Total Assets, Total Assets Turnover, Return On Assets, on earnings persistence. This study uses secondary data, namely the annual financial statements of automotive companies listed on the Indonesia Stock Exchange in the 2014-2018 period. The sample selection uses a purposive sampling method. The data source is the financial ratios of automotive companies listed on the IDX. Methods of data analysis using the classic assumption test, multiple linear regression, T-test, F-test and the coefficient of determination. The results showed that partial earnings persistence expressed in financial ratios consisting of the Return On Assets (ROA) variable significantly affected earnings persistence, while the Current Ratio (CR), Total Debt To Total Asset (TDTA) and Total Assets Turnover (TATO) has no significant effect on earnings persistence. While the results of the study simultaneously stated in financial ratios consisting of CR, TDTA, TATO, and ROA independent variables stated that together the independent variables had no significant effect on earnings persistence. R Square value of 0.028 can be interpreted that CR, TDTA, TATO and ROA of 2,8% while the remaining 97,2% is influenced by other variables not examined. Keywords: Current Ratio, Total Debt To Total Assets, Total Assets Turnover, Return On Assets, Earnings Persistence

scholarly journals Pengaruh Return On Asset (ROA), Return On Equity (ROE), Current Ratio (CR) terhadap Harga Saham pada Perusahaan yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2018

2020 ◽  
Vol 4 (2) ◽  
pp. 426
Author(s):  
Teresia Sri Arihta ◽  
Dhea Cristina Damanik ◽  
Susi Hannaria Manalu ◽  
Rafida Khairani
Keyword(s):  
Stock Prices ◽  
Secondary Data ◽  
Major Influence ◽  
Linear Regression Method ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Current Ratio ◽  
Significance Level ◽  
Return On Equity ◽  
Trade And Investment

This study aims to determine and examine the influence of the variable Return On Assets, Return On Equity, and Current Ratio on Stock Prices simultaneously or partially, and also to see what variables have a very big influence on the stock prices of wholesale companies in the Trade sector. and Investment. The data processed is secondary data in the form of a summary of the financial statements of 15 manufacturing companies in the Wholesale sector of the Trade and Investment sector from 2015 to 2018. The method used in conducting this research is the classical assumption test and multiple linear regression method using SPSS version 20.00. The test hypothesis used in this study is t-statistic and F-statistic at the 5% significance level. Testing that is sourced from the simultaneous regression coefficient test means that the Return on Assets, Return On Equity, and Current Ratio simultaneously can have a major influence on stock prices. Meanwhile, partially it can be interpreted that there is a significant influence between Return On Assets on stock prices in wholesale manufacturing companies in the Trade and Investment sector. And does not have a partial effect between Return On Equity and Current Ratio on stock prices in wholesale manufacturing companies in the Trade and Investment sector. 

scholarly journals Pengaruh Current Ratio Dan Debt To Equity Ratio Terhadap Profitabilitas ( ROE)

2021 ◽  
Vol 4 (2) ◽  
pp. 828-837
Author(s):  
Yosi Tiani ◽  
Nanu Hasanuh
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
Financial Statements ◽  
Test Results ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Return On Equity ◽  
Independent Variables ◽  
Equity Ratio ◽  
The Relationship

This study aims to prove and analyze the effect of Current Ratio and Debt to Equity Ratio to Return on Equity in basic industrial and chemical sub-sector manufacturing companies listed on the Indonesia Stock Exchange from 2016 to 2018.These are 76 companies listed on the Indonesia Stock Exchange 2016-2018. Of the 76 listed companies, 10 companies were selected using purposive sampling. The data used in this study are secondary data, with how to collect the information needed from idx in the form of financial statements for 2016-2018. The method used to analyze the relationship between independent variables with the dependent variable is multiple regression method, and assumption test. Results of the discussion shows that simultaneously the independent variables: Current Ratio and Debt to Equity Ratio with the F test, jointly affects the Return on Equity. Result partially with the t test, the variable Current Ratio and Debt to Equity Ratio have an effect against Return on Equity. Keywords : ROE, Debt to Equity Ratio, Current Ratio

scholarly journals Profitability and Consistency of Ceramics Industry- A Financial and Statistical Analysis on Selected Companies of Bangladesh

2015 ◽  
Vol 9 (2) ◽  
pp. 1-13
Author(s):  
Abdul Latif ◽  
Rezaul Kabir
Keyword(s):  
Sales Management ◽  
Secondary Data ◽  
Profit Margin ◽  
Annual Reports ◽  
Return On Assets ◽  
Return On Equity ◽  
Operating Profit ◽  
The Poor ◽  
Net Profit ◽  
Ceramics Industry

This paper examines the profitability and consistency of the second leading export oriented industry of Bangladesh. The secondary data of the five leading companies namely, Fu-Wang, Monno, Shinepukur, Standard and RAK Ceramics are collected from the annual reports of 2006-2012 from their websites. The collected data are processed and analyzed by SPSS 19 to make interpretations by ANOVA outputs. Different financial tools like Gross profit margin, Operating profit margin, Net profit margin, Return on assets, Return on equity are calculated along with the liquidity ratios and turnover ratios to find out the causes of unexpected results, if any. The researchers find that two of the five companies (Standard and Monno) are performing very poorly, one (Fu-Wang) is performing moderate level and other two (RAK and Shinepukur) are performing comparatively better. The asset and sales management of the poor performers are to be improved immediately, the liquidity position of all the companies is to be improved and the capital structure of Shinepukur is to be reconstructed.Journal of Business and Technology (Dhaka) Vol.9(2) 2014; 1-13

scholarly journals The Influence of Liquidity, Leverage, Company Size and Profitability on Financial Distress

2021 ◽  
pp. 11-17
Author(s):  
Andi Runis ◽  
Dedy Samsul Arifin ◽  
Arifuddin Masud ◽  
Ummy Kalsum
Keyword(s):  
Financial Distress ◽  
Panel Data Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Annual Reports ◽  
Company Size ◽  
Return On Assets ◽  
Current Ratio ◽  
Financial Reports ◽  
Equity Ratio

This study aims to empirically examine the factors that influence Financial Distress in Property and Real Estate Companies. This study was tested with four independent variables, namely Liquidity (Current Ratio), Leverage (Debt Equity Ratio), Firm Size (ln of Total Assets), and Profitability (Return on Assets) using purposive sampling technique the authors chose seventeen companies as samples. This study uses panel data analysis obtained from financial reports and Annual Reports for 5 years. This study uses secondary data with the help of the Eviews 9 application. The results found that the Leverage Variable (Debt Equity Ratio) has a positive and significant influence on Financial Distress while Liquidity (Current Ratio), Company Size (ln of Total Assets), and Profitability Variables (Return). on Assets) has a negative and significant effect on Financial Distress.

scholarly journals PROFITABILITAS, LIKUIDITAS, DAN HARGA SAHAM: STUDI EMPIRIS ATAS INSTRUMEN LQ-45

2020 ◽  
Vol 2 (1) ◽  
pp. 1-18
Author(s):  
Eki Setyoningrum
Keyword(s):  
Stock Prices ◽  
Stock Price ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Return On Assets ◽  
Current Ratio ◽  
Return On Equity

This research was conducted to determine the effect of profitabilityand liquidity on stock prices. The independent variables used are returnon assets, return on equity, current ratio, and quick ratio. The population inthis study is non-financial LQ-45 companies registered in succession in 2016–2018. This study uses secondary data derived from financial statementsthat can be accessed on the Indonesia Stock Exchange. This research methoduses multiple linear regression analysis. The sampling technique used waspurposive sampling where the samples obtained in the study were 87 companies.The results showed that (1) return on assets has a positive effect onstock prices; (2) return on equity has a negative effect on stock prices; (3)current ratio has no effect on stock prices; (4) quick ratio has a negativeeffect on stock prices. But simultaneously return on assets, return on equity,current ratio, and quick ratio affect the stock price of 37.4%, while theremaining 62.6% comes from other variables that are not contained in thisresearch model.

scholarly journals Corporate social responsibility and firm value: an empirical study of an emerging economy

2016 ◽  
Vol 5 (4) ◽  
pp. 40-53 ◽  
Author(s):  
Hassan Hafez
Keyword(s):  
Financial Performance ◽  
Firm Value ◽  
Secondary Data ◽  
Financial Statements ◽  
Annual Reports ◽  
Return On Assets ◽  
Return On Equity ◽  
Negative Effect ◽  
Corporate Social ◽  
Positive Effect

A lot of researches have been done recently on Corporate Social Responsibliity ("CSR"). A lot of studies have been conducted to test how CSR affects firm value and financial perfromance. Results varies from one study to another. Some proved that the realtionship is to be positve, or negative and others proved it to be neutral. The purpose of this research is to evaluate the effect of CSR on firm value and financial performance in Egypt through the application on 33 companies that were listed in the EGX30 in the year 2001, with a timeline of 8 years from 2007 till 2014. Data used in this study is secondary data obtained from the financial statements and annual reports of the egyptian companies and offical online websites. We proved that CSR has a insignifcant negative effect on firm value and a signifcant positive effect on firm’ financial perfromance in Egypt measured by Return on Assets (ROA) and Return on equity (ROE). This research paper is divided into five sections. Section one is the introduction followed by section two the literature review of CSR and its impact on firm value and financial performance. Section three covers the research methodology; section four presents data analysis and finally section five report findings and conclusions of the study.

scholarly journals Performance Evaluation of Commercial Banks in Oman Using Ratio Analyses

2021 ◽  
Vol 2 (1) ◽  
pp. 10-21
Author(s):  
Firdouse Khan ◽  
◽  
Iman Al Maktoumi ◽  
Keyword(s):  
Asset Management ◽  
Commercial Banks ◽  
Secondary Data ◽  
Operational Efficiency ◽  
Annual Reports ◽  
Return On Assets ◽  
Return On Equity ◽  
Interest Income ◽  
Income Ratio ◽  
Equity Management

Purpose of the study: The purpose of the study was to critically analyze the effectiveness of banks’ performances and to examine the associations amongst the asset management, banks’ size, operational efficiency, and their impact on the bank’s performance. Design/Methodology/Approach: The secondary data was obtained from the annual reports of five selected commercial banks of Oman listed in the Muscat Securities Market (MSM) for the period 2013 to 2019. The collected data was analyzed through financial ratios using excel and SPSS and was used to evaluate the banks’ performance. Findings: The study revealed that the Operational Efficiency (OE) of the selected commercial banks had an impact on the Return on Assets (ROA); advances of the selected commercial banks had an impact on the interest income whereas operational efficiency of the selected commercial banks had NO impact on the Interest Income. The study further confirmed that Bank Muscat proved to be the bank that performed well over the years 2013 to 2019. Research Implications: The study proved that the banks’ financial performances can be measured through the assets size, asset management, and equity management using ratio analysis which can be a good measure to adjudge the financial performances of the banks. Social Implications: The study helps the stakeholders of the banks to understand the factors and the banking activities that might help to enhance the financial performances of the banks and to take necessary action and suitable decisions accordingly. Originality/value: The study was restricted to five selected commercial banks of Oman and the study had relied mostly on quantitative techniques involving ratio analyses. The study can be extended to all the commercial banks in Oman including the most determining factor viz. customer satisfaction. Keywords: Financial Performance of Banks, Operational Efficiency, Return on Assets, Return on Equity, Interest Income, Ratio Analyses

scholarly journals Liquidity management and profitability of Textile sector of Pakistan

2021 ◽  
Vol 3 (2) ◽  
pp. 97-104
Author(s):  
Abdul Hameed ◽  
Altaf Hussain ◽  
Muhammad Yousuf Khan Marri ◽  
Muhammad Azhar Bhatti
Keyword(s):  
Textile Industry ◽  
Negative Impact ◽  
Positive Impact ◽  
Stock Exchange ◽  
Secondary Data ◽  
Annual Reports ◽  
Liquidity Management ◽  
Significant Negative Impact ◽  
Negative Effect ◽  
Textile Sector

This research focused on the influence of liquidity management on the functioning of fifteen listed firms of Textile Sector at Pakistan Stock Exchange (PSE) for five years, from 2015 to 2019. The secondary data was gathered from the annual reports of the selected companies. For data analysis, regression analysis, descriptive statistics, and correlation are used. The study showed that the current ratio and creditor payment period have a significant negative effect on the return on assets (ROA) of the selected firms. In contrast, the quick ratio and inventory sales period have a significant positive impact on the ROA. Yet, the debtors' collection period has a significant negative impact on the ROA of the firms listed on PSE. As a result, it is advised that the textile industry in Pakistan should pay special attention to liquidity management in order to increase profitability.

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