Evaluation of the Liquidity of Pharmaceutical Firms Listed in the Hanoi Stock Exchange
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2020, Vol 3, Issue 03
Abstract
This paper investigates the liquidity of pharmaceutical firms Listed in the Hanoi Stock Exchange (HNX) by using table data for the period 2015-2019. Four observedvariables were formulated including: (i) Cash Ratio (CR), (ii) Quick Ratio (QR), Current Ratio (CCR) and Interest Coverage Ratio (ICR). The findings conclude that have significantly different in the liquidity of pharmaceutical firms Listed in the HNX, in the long and shortrun. The implication of our results shows that the liquidity of pharmaceutical firms were interested by objects, including business administrators, creditor and other objects to have the necessary rationale for making a decision.
Authors and Affiliations
Nguyen Van Hau, Tran Thi Thu Thuy, Vu Thi The
Keywords
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- EP ID EP691941
- DOI 10.47191/ijmra/v3-i11-03
- Views 197
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