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Cash Flow Rate Contracted. Earning Power of Austrian Manufacturers in 2014

Klaus Friesenbichler (), Werner Hölzl () and Kerstin Hölzl

WIFO Bulletin, 2015, vol. 20, issue 26, 292-302

Abstract: The cash-flow-to-sales ratio for Austrian manufacturing in 2014 reached 8.4 percent, again remaining below the long-term average of 9.4 percent and 0.3 percentage points below the previous year's value, according to WIFO estimates using a dynamic panel-econometric model. The reduction was mostly due to the weak growth of real value added. Estimates for 2015 forecast a slight recovery of earning power.

Keywords: Cash flow; profitability; equity; Austria (search for similar items in EconPapers)
Date: 2015
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