STUDY REGARDING THE ANALYSIS OF THE FINANCIAL SITUATION OF THE SOCIETIES FROM THE PHARMACEUTICAL INDUSTRY IN TERMS OF THE CORRELATION BETWEEN THE LIQUIDITY AND THE PROFITABILITY

(PIKO) Georgiana Daniela Minculete, Nicolae Baltes and Alexandra-Gabriela-Maria Dragoe
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(PIKO) Georgiana Daniela Minculete: Lucian Blaga University of Sibiu
Nicolae Baltes: Lucian Blaga University of Sibiu
Alexandra-Gabriela-Maria Dragoe: Lucian Blaga University of Sibiu

Revista Economica, 2015, vol. 67, issue Supplement, 111-120

Abstract: The relationship between different rates of liquidity and profitability, is one of the most popular topics of research in the financial management field. In order to demonstrate the correlation between these variables, we used the statistical program SPSS. The analyzed societies are: Zentiva, Biofarm and Antibiotice Iasi, listed at the Bucharest Stock Exchange. The research leads to the conclusion that all the societies have sufficient liquidity to cover the payment obligations. Also, using the Pearson correlation coefficient, we demonstrated the fact that the liquidity is one of the indicators that determine the profitability of the analyzed societies.

Keywords: correlation; liquidity; profitability (search for similar items in EconPapers)
JEL-codes: G19 G39 (search for similar items in EconPapers)
Date: 2015
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