Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies

The leverage ratio occupies a key role in the earnings per share (EPS). Leverage causes variability in the returns of shareholders (Pandey, 2008). The objective of the study is to determine the impact of leverage ratios on earnings per share of Indian cement manufacturing companies listed in the Bom...

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Bibliographic Details
Main Author:	Rengasamy, Dhanuskodi
Format:	Journal Article
Published:	- 2014
Subjects:	debt to equity ratio Debt ratio earnings per share leverage ratio and long term - debt to equity ratio
Online Access:	http://hdl.handle.net/20.500.11937/45682

id	curtin-20.500.11937-45682
recordtype	eprints
spelling	curtin-20.500.11937-456822017-01-30T15:22:36Z Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies Rengasamy, Dhanuskodi debt to equity ratio Debt ratio earnings per share leverage ratio and long term - debt to equity ratio The leverage ratio occupies a key role in the earnings per share (EPS). Leverage causes variability in the returns of shareholders (Pandey, 2008). The objective of the study is to determine the impact of leverage ratios on earnings per share of Indian cement manufacturing companies listed in the Bombay stock exchange. The leverage ratios have been measured through debt ratio, long term debt to equity ratio and debt to equity ratio and are the independent variables of the study. EPS determine the company’s stock value in the market, and also determine the path of company’s future earnings and it is treated as a dependent variable for the study. The present research work is based on historical accounting data. The study was adopted the expost facto research design. The study covers a period of four years from 2009 to 2012. The data interpretation was made by ratios, mean, standard deviation and correlation. The study applied annual reports of 25 selected companies. The study concluded that the leverage ratios of selected companies have no significant relationship with EPS. Further, three leverage ratios have negative impact on EPS during the study period. 2014 Journal Article http://hdl.handle.net/20.500.11937/45682 - restricted
repository_type	Digital Repository
institution_category	Local University
institution	Curtin University Malaysia
building	Curtin Institutional Repository
collection	Online Access
topic	debt to equity ratio Debt ratio earnings per share leverage ratio and long term - debt to equity ratio
spellingShingle	debt to equity ratio Debt ratio earnings per share leverage ratio and long term - debt to equity ratio Rengasamy, Dhanuskodi Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies
description	The leverage ratio occupies a key role in the earnings per share (EPS). Leverage causes variability in the returns of shareholders (Pandey, 2008). The objective of the study is to determine the impact of leverage ratios on earnings per share of Indian cement manufacturing companies listed in the Bombay stock exchange. The leverage ratios have been measured through debt ratio, long term debt to equity ratio and debt to equity ratio and are the independent variables of the study. EPS determine the company’s stock value in the market, and also determine the path of company’s future earnings and it is treated as a dependent variable for the study. The present research work is based on historical accounting data. The study was adopted the expost facto research design. The study covers a period of four years from 2009 to 2012. The data interpretation was made by ratios, mean, standard deviation and correlation. The study applied annual reports of 25 selected companies. The study concluded that the leverage ratios of selected companies have no significant relationship with EPS. Further, three leverage ratios have negative impact on EPS during the study period.
format	Journal Article
author	Rengasamy, Dhanuskodi
author_facet	Rengasamy, Dhanuskodi
author_sort	Rengasamy, Dhanuskodi
title	Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies
title_short	Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies
title_full	Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies
title_fullStr	Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies
title_full_unstemmed	Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies
title_sort	impact of leverage ratios on earnings per share (eps) of indian cement manufacturing companies
publisher	-
publishDate	2014
url	http://hdl.handle.net/20.500.11937/45682
first_indexed	2018-09-06T23:48:25Z
last_indexed	2018-09-06T23:48:25Z
_version_	1610903931182907392

Impact of leverage ratios on earnings per share (EPS) of Indian cement manufacturing companies

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