Explaining the Impact of Financial Leverage on Firm Performance in the Healthcare Sector in Sri Lanka by Fixed Cost Coverage Ratio
et
17 mars 2022
À propos de cet article
Publié en ligne: 17 mars 2022
Pages: 77 - 91
Reçu: 05 juin 2021
Accepté: 10 déc. 2021
DOI: https://doi.org/10.1515/mosr-2021-0014
Mots clés
© 2021 Chamil W. Senarathne et al., published by Sciendo
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. Furthermore, the fixed cost coverage by the utilization of fixed and operational assets is positively and significantly related to firm performance.