LIQUIDITY, ASSET UTILIZATION, DEBT RATIO AND FIRM PERFORMANCE: EVIDENCE FROM EGYPT
Journal Title: MSA-Management Sciences Journal (MSA-MSJ) - Year 2022, Vol 1, Issue 1
Abstract
How well firms handle liquidity and asset utilization determines their development, performance, and survival. Different liquidity and asset utilization methods impact firms' bottom lines. While most studies have studied the influence of liquidity and asset utilization on performance independently, this research tests both factors using debt ratio as a mediating variable. The investigation used secondary data from 50 Egyptian listed firms' annual reports from 2019-2021. Data were analyzed using descriptive statistics, correlation, and regression. The study indicated that using tangible assets and current assets (liquidity) affected corporate performance. The debt ratio does not affect asset utilization, liquidity, and company performance. This study may assist management and financial experts in examining the company's growth characteristics, liquidity and asset utilization, business risk, and financial performance to anticipate its future worth.
Authors and Affiliations
Tariq Hassanin Ismail Mohamed Samy El-Deeb Rana Ahmed Rezk Anas Hemat
Keywords
Related Articles
- EP ID EP715240
- DOI -
- Views 54
- Downloads 0
Real Earnings Management under Company Life Cycle: Evidence from Egyptian pharmaceutical manufacturing companies
The study investigated the effect of managerial overconfidence on corporation risks within the moderator role of board governance in Brazil, Egypt, India, Russia, Saudi Arabia, South Africa, and Turkey as emerging market...
THE IMPACT OF OIL SPILLS ON THE ENVIRONMENT AND SURROUNDING COMMUNITIES: CASE OF SPAIN AND BRAZIL
Marine oil spills have been of tremendous concern due to their adverse impact on economic and ecological systems. Major oil spills triggered worldwide consciousness of marine spill response. In past decades, signif...
WATER, WHEAT, AND WAR NEXUS
The purpose of this study is to analyse the nexus between water, wheat and war in Egypt. Currently, the obstructed diffusion of the wheat market in Egypt prevents it from acquiring its fair share among other countries in...
The Impact of Dollarization on the Agricultural and Industrial Sectors in the Egyptian Economy Post the 2011 Revolution
This paper will shed light on the fluctuations that happened to the exchange rate in Egypt and from 2011post the 25th of January revolution until 2022. The great dependency on the dollar led to high increase in prices...
Investigating Reasons Behind the Lack of Transparency in Sub-Saharan African Countries
Transparency is a multifaceted issue that encompasses various economic, political, administrative, social, and cultural factors at both national and international levels. Rather than being a fundamental type of behavior,...