2013 (N = 19)

ROA

EPS

Cash ratio

Operating net cash flow

Inventory turnover

Pearson Correlation

0.573*

0.457*

0.589**

−0.551*

−0.463*

Sig.

0.010

0.049

0.008

0.014

0.046

Total assets turnover

Current ratio

Quick ratio

EBIT

Pearson Correlation

−0.475*

0.744**

0.738**

−0.510*

Sig.

0.040

0.000

0.000

0.026

Cash ratio

Operating net cash flow

Inventory turnover

Current ratio

Quick ratio

Kendall Correlation

0.413*

−0.427*

−0.368*

0.516**

0.516**

Sig.

0.014

0.011

0.028

0.002

0.002

Cash ratio

Operating net cash flow

Inventory turnover

Current ratio

Quick ratio

Spearman Correlation

0.511*

−0.589**

−0.514*

0.638**

0.618**

Sig.

0.025

0.008

0.024

0.003

0.005

Current assets turnover

Total assets turnover

Spearman Correlation

−0.482*

−0.478*

Sig.

0.036

0.038