Full Article: PDF
Scientific Object Identifier: http://s-o-i.org/1.1/TAS-06-122-63
DOI: https://dx.doi.org/10.15863/TAS.2023.06.122.63
Language: English
Citation: Abdieva, N. (2023). Assessing the financial condition of joint stock companies through econometric research of asset profitability directions. ISJ Theoretical & Applied Science, 06 (122), 376- 390. Soi: http://s-o-i.org/1.1/TAS-06-122-63 Doi: https://dx.doi.org/10.15863/TAS.2023.06.122.63 |
Pages: 376-390
Published: 30.06.2023
Abstract: ROA (Return on Assets) is a crucial indicator utilized by analysts and investors for making investment decisions and ensuring the financial stability of a company. Factors such as profits from sales, the total operational cost of the company, and the composition of its assets affect the financial stability of the company. This article investigates the extent of the impact of these factors on asset profitability based on data from three companies operating in the production sector in the Republic of Uzbekistan. According to the research results, a significant correlation exists between the net profit factor and asset profitability. There is a strong correlation between the operational expenses factor and asset profitability. However,it was determined that there is an inverse moderate correlation between the asset value factor and asset profitability.
Key words: Assets, profit, income, profitability, return on assets, ROA, financial soundness, corporate governance, joint stock company.
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