| Variables | DIV | SIZE | LEV | PROF | LIQ | GROP |
| DIV | 1.0000 |
|
|
|
|
|
| SIZE | 0.0524 (0.1329) | 1.0000 |
|
|
|
|
| LEV | 0.0129 (0.7122) | 0.3338 (0.0000) | 1.0000 |
|
|
|
| PROF | 0.0260 (0.4557) | −0.0142 (0.6842) | −0.0733 (0.0354) | 1.0000 |
|
|
| LIQ | −0.1037 (0.0029) | −0.4249 (0.0000) | −0.3545 (0.0000) | −0.1129 (0.0012) | 1.0000 |
|
| GROP | −0.0143 (0.6912) | 0.0220 (0.5405) | −0.0204 (0.5703) | 0.5576 (0.0000) | −0.0215 (0.5508) | 1.0000 |