The sector of agriculture plays a significant role in boosting economic growth in many countries. Therefore, all firms’ annual reports must be analyzed for the purpose of comparing and establishing a benchmark. The objective of this study is to investigate the effect of application of financial ratios on firms’ financial performance. In order to achieve the purpose of the study, an econometric model is developed to estimate relationship among the variables by using multiple linear regression method. The data in this study is based on secondary data and collected from the audited financial statement of agriculture companies that listed on Iraqi Stock Exchange (ISX) over the period (2016-2020). The robust findings demonstrated that all independent variables quick ratio, current ratio and debt to assets ratio have positive and significant impact on financial performance. The most significance effect on firm performance is observed by current ratio and debt to assets ratio among the ratios that selected in this study.

XI. évf. 2023. SPECIAL ISSUE1 26-31

DOI: 10.24387/CI.2023.SPECIAL ISSUE.4

Cikk megtekintése


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