초록 열기/닫기 버튼
This study was to verify the financial differences among financial ratios between hotel companies with a high level of debt and with a low level of debt. 60 domestic hotels were selected by using 12 financial ratios based on the financial statements in 2013. Those measures as identified as financial ratios were solvency, activity, profitability, and growth. There were 12 ratios among these categories. 4 ratios were identified statistically significant among 12 ratios. These were debt to equity ratio, return on asset ratio, profit margin growth ratio and operating profit growth ratio. The results indicated as follows. The financial stability was the most important by establishing the profitability and the growth. Liabilities from the financial institutions were found to make the major negative impact on the profitability and the growth and take disadvantage of their investment opportunities for hotel businesses.
키워드열기/닫기 버튼
Hotel Business, Debt Ratio, Financial Ratio Analysis, Debt Causal Factor, KIS-VALUE
