1Nguyen Van Hau, 2Tran Thi Thu Thuy, 3Vu Thi The
1,3Faculty of Accounting, University of Labor and Social Affairs, Vietnam
2Finance and Accounting 1 Department, Posts and Telecommunications Institute of Technology, Vietnam
DOI : https://doi.org/10.47191/ijmra/v3-i11-03Google Scholar Download Pdf
ABSTRACT:
This paper investigates the liquidity of pharmaceutical firms Listed in the Hanoi Stock Exchange (HNX) by using table data for the period 2015-2019. Four observedvariables were formulated including: (i) Cash Ratio (CR), (ii) Quick Ratio (QR), Current Ratio (CCR) and Interest Coverage Ratio (ICR). The findings conclude that have significantly different in the liquidity of pharmaceutical firms Listed in the HNX, in the long and shortrun. The implication of our results shows that the liquidity of pharmaceutical firms were interested by objects, including business administrators, creditor and other objects to have the necessary rationale for making a decision.
KEYWORDSiquidity, pharmaceutical firms, financial ratios.
JEL CLASSIFICATIONM40, F65, E42
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VOLUME 03 ISSUE 11 NOVEMBER 2020
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