Explaining the Impact of Financial Leverage on Firm Performance in the Healthcare Sector in Sri Lanka by Fixed Cost Coverage Ratio
Explaining the Impact of Financial Leverage on Firm Performance in the Healthcare Sector in Sri Lanka by Fixed Cost Coverage Ratio
Author(s): Chamil W. Senarathne, Tissa Ravinda PereraSubject(s): Health and medicine and law
Published by: Vytauto Didžiojo Universitetas
Keywords: Financial leverage; Financial performance; Capital structure; Debt to equity ratio; Healthcare sector;
Summary/Abstract: This paper finds that there is a significant negative relationship between financial leverage and firm performance in the healthcare industry in Sri Lanka. Furthermore, the fixed cost coverage by the utilization of fixed and operational assets is positively and significantly related to firm performance.
Journal: Organizacijų vadyba: sisteminiai tyrimai
- Issue Year: 2021
- Issue No: 86
- Page Range: 77-91
- Page Count: 15
- Language: English
