A Cross Sector Comparison of Financial Trends in Textile, Food and Chemical Sectors: An Empirical Analysis of Profitability, Leverage, Liquidity and Activity

Article ID

C: FINANCEF08M9

A Cross Sector Comparison of Financial Trends in Textile, Food and Chemical Sectors: An Empirical Analysis of Profitability, Leverage, Liquidity and Activity

Hirra Ghafoor
Hirra Ghafoor University Of Lahore, Pakistan
Ramiz Ur Rehman
Ramiz Ur Rehman
DOI

Abstract

The aim of the study is to use ratio analysis to observe significant financial trends within three major sectors of the non financial industry for the 2005-2010 period….namely textile, food and chemical sectors. Consequences shows that at least for the test period, 11 out of 14 financial ratios are statistically different across the three non financial sectors. By itself, economic trends and cross sectional abnormalities with in observed non financial industry segments are better embedded.

A Cross Sector Comparison of Financial Trends in Textile, Food and Chemical Sectors: An Empirical Analysis of Profitability, Leverage, Liquidity and Activity

The aim of the study is to use ratio analysis to observe significant financial trends within three major sectors of the non financial industry for the 2005-2010 period….namely textile, food and chemical sectors. Consequences shows that at least for the test period, 11 out of 14 financial ratios are statistically different across the three non financial sectors. By itself, economic trends and cross sectional abnormalities with in observed non financial industry segments are better embedded.

Hirra Ghafoor
Hirra Ghafoor University Of Lahore, Pakistan
Ramiz Ur Rehman
Ramiz Ur Rehman

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Hirra Ghafoor. 2015. “. Global Journal of Management and Business Research – C: Finance GJMBR-C Volume 15 (GJMBR Volume 15 Issue C4): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR Volume 15 Issue C4
Pg. 23- 32
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GJMBR-C Classification: JEL Code: G20
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A Cross Sector Comparison of Financial Trends in Textile, Food and Chemical Sectors: An Empirical Analysis of Profitability, Leverage, Liquidity and Activity

Hirra Ghafoor
Hirra Ghafoor University Of Lahore, Pakistan
Ramiz Ur Rehman
Ramiz Ur Rehman

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