• 제목/요약/키워드: Liquidity Ratio

검색결과 123건 처리시간 0.025초

수출이 지방중소기업의 경영성과에 미치는 영향: 충북을 중심으로 (The Impact of Small and Medium Companies' Export on Their performance in Chungbuk)

  • 조택희
    • 통상정보연구
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    • 제10권2호
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    • pp.349-369
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    • 2008
  • The purpose of this study was to investigate the impact of the performance of small and medium companies located in Chungbuk according to their export ratio. First, there were significant the differences in those companies' performance depending on their export ratio. Such variables as operating incomes, current ratio, R&D, and the number of employees showed differences when those companies were divided into two groups whose export ratio were less than and more than 10%. Second, the impact of determinants which consisted of the size of total assets, R&D, advertisement, and export ratio on those companies' performance which consisted of profitability, stability, productivity, growth, liquidity, and activity was analyzed.

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국내 연약지반의 심도별 과압밀비 산정에 관한 사례연구 (Assessment of Overconsolidation Ratio by Depth of Soft Ground: A Case Study in South Korea)

  • 이종영;한중근
    • 한국지반신소재학회논문집
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    • 제20권4호
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    • pp.9-18
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    • 2021
  • 본 연구에서는 국내 연약점토지반을 대상으로 현장에서 불교란 상태로 채취된 흙을 이용해 실내 물리실험 및 역학시험을 실시하여 OCR을 산정하였으며, 실험 결과를 이용해 기존의 경험식과 심도별로 OCR을 예측하였다. 액성지수와 NAVFAC의 경험식을 실제 측정값과 비교·검토한 결과 액성지수를 이용한 방법이 지반의 개략적인 OCR을 추정하기에 적절한 것으로 나타났으나 지하수위 상부 지반의 경우에는 건조로 인한 영향을 고려하지 못한 것으로 나타났다. 따라서 지하수위 상부지반을 포함한 각 지역별 심도-OCR간의 상관관계식을 제안하였으며, 제안된 식을 인접지역의 OCR 예측에 적용한 결과 점토(CL, CH)로 구성된 지역에서의 예측값은 실측값과 상당부분 일치하는 경향을 보였다. 그러나 실트(ML)로 구성된 지역에서는 예측값이 실제값과 불일치한 결과를 보여 흙의 공학적 특성보다는 퇴적 및 구성 특성이 OCR예측에 중요한 영향인자임을 확인할 수 있었다.

CR리츠를 활용한 미분양 주택 유동화 지원정책 분석 - 시스템다이내믹스를 이용하여 - (Analysis on Liquidity Support Policy of Unsold New Houses through Utilization of CR-REITs - Using System Dynamics -)

  • 나호준;박문서;이현수;황성주
    • 한국건설관리학회논문집
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    • 제14권5호
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    • pp.12-25
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    • 2013
  • 최근 미분양 주택의 발생은 글로벌 금융위기와 내수경기 침체로 본격화되었으며, 주택보급률이 100%를 넘는 현 상황에서는 향후에도 언제든지 미분양 주택 적체가 심화될 수 있다. 정부는 이러한 미분양 주택 적체를 해결하기 위하여 여러 대책들을 수립 시행해 왔으며, IMF 외환위기 이후 부동산 금융시장의 발전을 배경으로 미분양 주택 유동화 대책이 시행되게 되었다. 또한, 2008년 이후 급격히 증가한 준공 후 미분양 주택은 단기간에 해결하기가 쉽지 않으며, 이로 인한 건설사의 유동성 위기를 해결하기 위해서는 미분양 주택을 유동화시킴으로써 자본시장으로부터의 자금 유입을 원활하게 하는 것이 중요하다. 따라서 본 연구에서는 정부의 미분양 주택 유동화 대책 중 최근 몇 년간 가장 문제가 되어온 중대형의 준공 후 미분양 주택을 해결할 수 있는 기업구조조정 리츠(CR-REITs)를 활용한 정책의 실효성을 시스템 다이내믹스를 이용하여 분석하고 개선방안을 제시하고자 한다.

재무비율로 평가한 농촌 중ㆍ노년기 가계의 재정상태에 영향을 미치는 요인 분석 (Factors Affecting Financial Status of the Rural Middle-aged and Old-aged Households)

  • 최윤지;최현자
    • 한국농촌생활과학회지
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    • 제9권1호
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    • pp.43-54
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    • 1998
  • This study attempted to investigate the factors affecting financial status of the rural middle-aged and old-aged household. The results shelved that the significant variables which influenced on the probability of financial security measured by consumption to income ratio were sex and education level of the household head, family size, total income, total expenditure and total assets. The most influential variables on the probability of financial security measured by liquidity ratio was liquid assets, and total assets. Education level of the household head. liquid assets, total assets, and total debt had significant effects on the probability of financial security estimated by debt burden ratio. Among the economic variables, only liquid asset had significant negative effects on the probability of financial security assessed by the capital stock ratio.

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The Determinants of Profitability in Listed Enterprises: A Study from Vietnamese Stock Exchange

  • NGUYEN, Thi Ngoc Lan;NGUYEN, Van Cong
    • The Journal of Asian Finance, Economics and Business
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    • 제7권1호
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    • pp.47-58
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    • 2020
  • The research aims to investigate the determinants of the financial performance of 1343 Vietnamese companies categorized into six different industries listed on the Vietnamese Stock Exchange over a four-year period from 2014 to 2017 using STATA software. Those determinants include firm size, liquidity, solvency, financial leverage, and financial adequacy while the financial performance is evaluated by three different ratios: return on assets (ROA), return on equity (ROE), and return on sales (ROS). The research results from these companies during the given period indicate that: (1) Firm size has a positive impact on both ROA and ROS, especially ROA but it has the opposite effect on ROE, (2) Adequacy ratio impacts positively on ROA and ROS but negatively on ROE, (3) Financial leverage considerably negative influences on ROE and ROS but positively impacts on ROA, (4) Liquidity has a positive effect on both ROA and ROE but a negative one on ROS and (5) Solvency has a positive impact on ROA and ROS but the negative impact on ROE. Furthermore, agriculture accounted for the highest percentage of profitability at the beginning, which was replaced by service for ROA but manufacture for ROE from 2016 to 2017 as opposed to the least in transportation.

폐내화물 및 탈황석고의 치환율 변화에 따른 3종 고로슬래그 시멘트와 순환잔골재를 사용하는 모르타르의 품질향상 (Enhancement in the quality of mortar which uses uses 3-type blast-furnace slag cement and circulated fine aggregate, according to replacement ratio changes of waste refractories and desulfurized plaster)

  • 이재진;이제현;백철;김민상;윤원근;한천구
    • 한국건축시공학회:학술대회논문집
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    • 한국건축시공학회 2016년도 추계 학술논문 발표대회
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    • pp.56-57
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    • 2016
  • Recently amongst Korea's construction companies there has been heightened interest in environment load reduction and resource recycling. As a result, the construction industry is examining recycled materials alternative to cement and blast-furnace slag (BS henceforth) cement, such as waste refractories and desulfurized plaster. This study analyzes the liquidity and intensity characteristics of mortar according to changes in replacement ratios of waste refractories and desulfurized plaster, used as industry by-products in mortar environments that use BS 3-type cements and circulated fine aggregate. As a result, the greater the increase in replacement ratios of desulfurized plaster, the greater the increase in liquidity and air quantity, as well as compression strength.

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Determinants of Default Risks and Risk Management: Evidence from Rural Banks in Indonesia

  • PUSPITASARI, Devy Mawarnie;FEBRIAN, Erie;ANWAR, Mokhammad;SUDARSONO, Rahmat;NAPITUPULU, Sotarduga
    • The Journal of Asian Finance, Economics and Business
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    • 제8권8호
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    • pp.497-502
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    • 2021
  • This study aims to investigate the determinants of default risk of rural banks in East Java, Indonesia. The method used is descriptive verification and logistic regression analysis. The data used is secondary in the form of monthly annual financial reports of rural banks in East Java during the period 2009-2018. From the results, it was shown that net interest margin (NIM) as a proxy of market risk, non-performing loan (NPL) as a proxy of credit risk, operation efficiency as a proxy of operational risk and return on assets (ROA) as a proxy of profitability have a significant influence on default risk. Meanwhile, the loan to deposit (LDR) ratio as a proxy of liquidity risk has no significant influence on default risk. Banks need to implement risk management and meet the capital adequacy requirements of regulators so that they are resistant to risk, and also, compliant with bank governance to be able to produce high returns for rural banks have an impact on sustainability and its existence. The ability to identify setbacks in bank conditions and the ability to distinguish between healthy and problematic banks will enable to anticipate default banks.

지방의료원의 경영성과에 미치는 영향 (Factors Affecting the Performance of Local Public Hospitals)

  • 양종현;이정우
    • 보건의료산업학회지
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    • 제11권3호
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    • pp.1-11
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    • 2017
  • Objectives : The purpose of this study was to analyze factors affecting the performance of public hospitals in South Korea. Methods : We collected management performance data from 2013 to 2015 from income statements, balance sheets, and annual reports from 32 local public hospitals. The dependent variable used was profitability, which included operating margin, return on assets and net profit to gross revenues. The independent variables were general characteristics, liquidity, stability, and activity. Results : Patient revenues, total assets, and total capital had increased steadily but patient expenses had increased to a greater extent. Operating profit, and net profit were consistently in deficits and the management status of local public hospitals had recently been in difficulty. The debt ratio, quick ratio, ratio of fixed liability and fixed assets turnover rate have a significant positive(+) effect on performance in the years 2013-2015. Conclusions : We suggest management strategies for these hospitals based on the results analyzed.

IMF 초기 2년간 흑자/적자병원의 재무구조와 경영성과분석 (Analysis of Financial Structure and Managerial Performance of Profit/Loss-Making Hospitals under the IMF)

  • 이창은;정기선;황인경
    • 한국병원경영학회지
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    • 제6권2호
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    • pp.156-172
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    • 2001
  • Financial ratio indicators of the 73 sample hospitals provided by the Korea Hospital Association in 1998-1999, together with the data by the Korea Health Industry Development Institute in 1007, were analysed to identify the financial structure and managerial performance of the profit/loss-making hospitals under the IMF. The major findings of this study were as belows. 1. Among the general characteristics, there was a statistical significance in the hospital location and the number of operating beds between profit-making hospitals and loss-making hospitals. 2. Financial ratio indicators of the profit-making hospitals were better than those of the loss-making hospitals. 3. Financial ratio indicators, including Liquidity, Performance Indicators and Growth Rate Indicators of profit-making hospitals, were better than those of loss-making hospitals except for Turnover Ratios under the IMF economic impasse.

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Bank Capital Adequacy Ratio and Bank Performance in Vietnam: A Simultaneous Equations Framework

  • DAO, Binh Thi Thanh;NGUYEN, Kieu Anh
    • The Journal of Asian Finance, Economics and Business
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    • 제7권6호
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    • pp.39-46
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    • 2020
  • Playing an important role in developing the economy and overall developments of the country, commercial banks have to be aware of their crucial presence in order to perform well and contribute significantly. At the same time, as a place to receive deposits, banks are required to be in safe situations to avoid bankruptcy or deal with financial crises. This research seeks to identify the determinants of Capital Adequacy Ratio and Banks' performance as well as the relationship between these two dependent variables. The paper uses 128 observations of 16 Vietnamese commercial banks during the period from 2010 to 2017, with two simultaneous dependent variables CAR and ROE, and independent variables including Return on Assets, Tobin Q, Credit growth, GDP growth, Equity to Deposits, Loans to Deposits, Bank size, Cost to Income, Liquidity risk, Provision for Loan loss ratio, Non-performing loans and Inflation. The results reveal that Capital Adequacy Ratio and Banks' Performance have statistically significant relationship and Credit growth, GDP growth, Equity-to-Deposit ratio and Cost-to-Income ratio all have significant effects on two dependent variables. The findings of this study suggest that commercial banks should control the respective elements in order to maintain adequate level of capital and also create effective performance.