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Record W1995277094 · doi:10.5430/ijfr.v5n3p146

Liquidity Analysis Using Cash Flow Ratios as Compared to Traditional Ratios in the Pharmaceutical Sector in Jordan

2014· article· en· W1995277094 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

venuePublished in a venue whose home country is Canada.
no affNo Canadian affiliation: this work is invisible to an affiliation-only frame.
No Canadian affiliation. An affiliation-only frame, the usual design, would never have seen this work. It is one of the works that make the case for inverting the frame.

Bibliographic record

VenueInternational Journal of Financial Research · 2014
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicWorking Capital and Financial Performance
Canadian institutionsnot available
Fundersnot available
KeywordsMarket liquidityCash flowCash flow statementCash flow forecastingPosition (finance)BusinessCash and cash equivalentsCash conversion cycleCashOperating cash flowCash on cash returnMonetary economicsFinanceEconomics

Abstract

fetched live from OpenAlex

The purpose of this study is to examine the liquidity position of the Jordanian pharmaceutical sector using the traditional ratios as compared to the more recently developed cash flow ratios.The research involved the comparison between traditional ratios and cash flow ratios of the big seven companies of the pharmaceutical industry in Jordan over six years period (2007–2012). The companies were all from the same sector, and the data was obtained from the annual reports of these companies.The findings of the study revealed the following:- There are differences between the traditional ratios which relied heavily on the values derived from balance sheet, and cash flow ratios which relied heavily on values derived from statement of cash flows.- A conclusion on the liquidity of the company based only on traditional ratios could lead to incorrect decisions.- Analysis based on traditional ratios should be compared with cash flow ratios before reaching any conclusion regarding financial liquidity position.- The study showed that there were examples of companies that had good traditional ratios. While their cash flow ratios were weak. In contrast, there were also companies that had poor traditional ratios, but the cash flow ratios showed a better liquidity position. The cash flow ratios provide more information than traditional ratios in measuring the liquidity position of the company. As a result of testing the study hypotheses, and applying SPSS, the significant differences between the cash flow ratios and traditional ratios are determined to measure the liquidity of the Jordanian pharmaceutical Companies.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.004
metaresearch head score (Gemma)0.001
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.388
Threshold uncertainty score0.381

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0040.001
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0020.002
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0010.000
Research integrity0.0000.001
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.148
GPT teacher head0.385
Teacher spread0.237 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it