2012 (N = 18)

ROA

ROE

EPS

Cash ratio

Pearson Correlation

0.591**

0.638**

0.779**

0.480*

Sig. (2-tailed)

0.010

0.004

0.000

0.044

Cash maturing debt ratio

Net cash flow per share

Current ratio

Pearson Correlation

0.489*

−0.631**

0.570*

Sig. (2-tailed)

0.039

0.005

0.014

Current assets turnover

Current ratio

Operating net cash flow

Kendall Correlation

0.503**

0.386*

−0.386*

Sig. (2-tailed)

0.004

0.025

0.025

Operating net cash flow

Current assets turnover

Current ratio

Degree of total leverage

Spearman Correlation

−0.560*

0.713**

0.501*

−0.474*

Sig. (2-tailed)

0.016

0.001

0.034

0.047