頁籤選單縮合
題 名 | Decision Making through Financial Ratio Evaluation; An Analysis of a Port Industry in Malaysia |
---|---|
作 者 | Krishnan, Anbalagan; Shaikh, Junaid M.; | 書刊名 | Academy of Taiwan Business Management Review |
卷 期 | 5:2 2009.08[民98.08] |
頁 次 | 頁146-153 |
分類號 | 575.386 |
關鍵詞 | Financial ratios; Ratios interpretation; Investors decision-making criteria; |
語 文 | 英文(English) |
英文摘要 | The Malaysian port industry is at the growth stage of industry life cycle, and is viewed as a key growth driver as Malaysian ports position themselves as international transshipment and logistics hub (Bernama, 2004). Many investors are looking into the possibilities of earning good return from the public listed port shares. Financial ratio analysis plays an important role in their decision-making. The financial ratio analysis provides the investors the company’s liquidity position based on historical data. It also gives input to the company’s managers about company’s performances. Although the ratios are calculated using the historical data but it attempt to predict future trend. This historical trend may not continue due to changes in economic and business environment but this information is necessary in order to provide a valid recommendation to suit the economic and business environment in which the company operates. The financial statement analysis is not the end in understanding the company’s financial situation, it need to be compare with other industry averages of similar companies. Industry averages are not the final ratio numbers that the company should maintain, but, rather, a general rule of thumb to give the company an indication of where other like size companies in their industry stand. Thus, the ratio analysis will be meaningful if it is compared with other similar industries. This paper discusses a selected port financial analysis of its performance and the ratios interpretation. |
本系統中英文摘要資訊取自各篇刊載內容。