RETHINKING LIQUIDITY RATIOS: THE CASE OF MANUFACTURING IN THE CZECH REPUBLIC

被引：0
|
作者：
Pokora, Jindrich [1 ]
机构：
[1] Masaryk Univ, CS-60177 Brno, Czech Republic
来源：
HRADEC ECONOMIC DAYS 2014: ECONOMIC DEVELOPMENT AND MANAGEMENT OF REGIONS, PT V | 2014年
关键词：
financial performance; liquidity ratios; current ratio; optimal values; manufacturing;
D O I：
暂无
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
ESimilar optimal or recommended values of liquidity ratios are commonly appearing in the Czech literature. The purpose of this paper is to calculate a recommended value of current ratio for large firms in the manufacturing sector based on the data in three consecutive years, from 2009 to 2011. The analysis of the best-performing firms showed that current ratio frequency distribution matches a gamma distribution function, where its peak determines the recommended value at 1.4 or as an interval (1.2, 1.6), which denotes the most common value of current ratio.
引用
收藏
页码：169 / 175
页数：7
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