<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>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.</p>
</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.

Explaining the Impact of Financial Leverage on Firm Performance in the Healthcare Sector in Sri Lanka by Fixed Cost Coverage Ratio

senior lecturer, Entrepreneurship, University of Colombo

senior lecturer, Department of Management and Organization Studies, Faculty of Management and Finance, University of Colombo

Management of Organizations: Systematic Research

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

This paper finds that there is a significant negative relationship between financial leverage and firm performance in the healthcare industry in Sri Lanka....

Explaining the Impact of Financial Leverage on Firm Performance in the Healthcare Sector in Sri Lanka by Fixed Cost Coverage Ratio

Published Online: Mar 17, 2022

Page range: 77 - 91

Received: Jun 05, 2021

Accepted: Dec 10, 2021

DOI: https://doi.org/10.1515/mosr-2021-0014

Keywords
financial leverage, financial performance, capital structure, debt to equity ratio, healthcare sector

© 2021 Chamil W. Senarathne et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Explaining the Impact of Financial Leverage on Firm Performance in the Healthcare Sector in Sri Lanka by Fixed Cost Coverage Ratio

Published Online: Mar 17, 2022

Page range: 77 - 91

Received: Jun 05, 2021

Accepted: Dec 10, 2021

DOI: https://doi.org/10.1515/mosr-2021-0014

Keywordsfinancial leverage, financial performance, capital structure, debt to equity ratio, healthcare sector

© 2021 Chamil W. Senarathne et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
financial leverage, financial performance, capital structure, debt to equity ratio, healthcare sector