Cash-Flow-to-Sales Ratio Stagnating in 2018. The Profitability of the Austrian Manufacturing Sector

Susanne Bärenthaler-Sieber, Klaus Friesenbichler and Arash Robubi
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Susanne Bärenthaler-Sieber: WIFO
Arash Robubi: Austrian Institute for SME Research

WIFO Bulletin, 2019, vol. 24, issue 11, 90-98

Abstract: In 2017, at 10.6 percent, the average cash-flow-to-sales ratio for the Austrian manufacturing industry was again significantly higher than in the previous year (10.2 percent). According to the WIFO estimate it however stagnated in 2018. In 2019, the cash-flow ratio is expected to decline according to the estimate using a dynamic panel econometric model for the manu-facturing industries.

Keywords: Austria; Cash flow; Equity; Profitability (search for similar items in EconPapers)
Date: 2019
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