Liquidity, Solvency and Profitability Analysis Using Cash Flow Ratios and Traditional Ratios: The Telecommunication Sector in
نویسنده
چکیده
Prof.T.Velnampy Dean, Faculty of Management Studies and Commerce, University of Jaffna. Abstract This study examines the performance of Dialog Axiata PLC and Sri Lanka Telecom PLC by employing both cash flow ratios and traditional financial ratios over the past five years. Using the financial statements from Colombo Stock Exchange (CSE) website, independent sample t-tests were used for the analysis. The performance of Dialog Axiata PLC and Sri Lanka Telecom PLC was measured using liquidity, solvency, and operational efficiency indicators. Results show that traditional ratios generated different results from cash flow ratios in liquidity, Solvency and Profitability. Sri Lanka Telecom PLC was found to have significantly higher solvency ratios than Dialog Axiata PLC, indicating a possibility that the difference may be caused by the type of ownership.
منابع مشابه
A Hybrid Clustering Technique of SM-SOM for Detecting Abnormal Data of Listed Electrical Manufacturing Sector in P. R. China
For partitioning the dataset of financial ratios into abnormal and normal groups, this paper proposes a hybrid clustering technique by combining similarity matching (SM) algorithm with self-organizing maps (SOM), called SM-SOM technique. The hybrid system provides three stages: preprocessing stage, similarity matching with cosine algorithm and SOM cluster. For evaluating the performance of this...
متن کاملAsset-Liability Management and Liquidity Trap (Case Study: Credit Institute for Development)
An increase in the ability to timely meet commitments which will be due in the near future is a prerequisite for the survival of banks. Hence, the correct and optimal management of liquidity is an important affair that banks should perform. The present study aimed mainly to test the management of asset-liability and liquidity trap in the Credit Institute for Development. The research is applied...
متن کاملMeasuring the Performance of Equity-share Schemes in South Africa: a Focus on Financial Criteria
This study aims to develop a robust methodology for measuring financial performance of equity-share schemes. Several studies have investigated various aspects of performance of these schemes but no single study has yet measured their performance using an objective set of criteria. Four categories of such objective criteria are proposed:poverty alleviation; empowerment and participation; institu...
متن کاملکاربرد نسبتهای صورت جریان وجوه نقد در ارزیابی عملکرد مالی شرکتهای پذیرفته شده در بورس اوراق بهادار تهران
The users of financial statements need to appraise the performance of companies for their decisions. Then they would analyze the finan-cial statements for this appraise. There are different methods of ana-lyzing the financial statements, and "fianacial ratios" is one of the most important of them. Financial ratios show the relationship between two or more numbers that have been obstructed from ...
متن کاملComparative Cost Structure and Yield Performance Anzlysis of Upland and Mangrove Fish Farms in Southwest, Nigeria
The bias against mangrove areas in siting fish farms prompted a comparison of the cost structure and yield performance in upland and mangrove locations. Tools utilized included descriptive statistics, budgetary and cash flow analyses and profitability ratios. Empirical results revealed that substantial revenue could be realized from both farms. While the upland farms yielded average gross reven...
متن کامل