International Journal of Management, Accounting and Economics
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Volume 6, No. 11, November 2019 Pages: 770 - 779
Impact of Current and Non-Current Assets on the Profitability of Pharmaceutical Companies of Pakistan
Habib Ullah , Waqar Ahmad
Corresponding author:
Habibuoswat[at]gmail[dot]com
Abstract:
This research study examined the impact of current and non-current assets on the profitability of pharmaceutical companies of Pakistan. For this study 9 years data was collected from the annual financial statements of six pharmaceutical companies listed in Karachi Stock Exchange over a period of 2010 to 2018. The profitability was measured by ROA.Current and non-current assets were taken as independent variables. The regression analysis was used and the result showed that current assets have a significant positive impact with the return on assets while the fixed assets have a significant negative impact on profitability of pharmaceutical companies of Pakistan.
Keywords:
Current Assets, Non-Current Assets, Profitability, Return on Assets, Pakistan
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