The influence of debt financing on asset usage: An empirical study of Indian's cement manufacturing

This paper examines the effect of the debt financing on the asset usage of 23 selected Indian cement manufacturing companies listed in the Bombay stock exchange for the period of five years from 2008 to 2013. Debt financing and asset usage are measured through total debt rate (TDR) and total asset t...

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Main Author: Rengasamy, Dhanuskodi
Format: Journal Article
Published: - 2014
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/38091
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author Rengasamy, Dhanuskodi
author_facet Rengasamy, Dhanuskodi
author_sort Rengasamy, Dhanuskodi
building Curtin Institutional Repository
collection Online Access
description This paper examines the effect of the debt financing on the asset usage of 23 selected Indian cement manufacturing companies listed in the Bombay stock exchange for the period of five years from 2008 to 2013. Debt financing and asset usage are measured through total debt rate (TDR) and total asset turnover ratio (TAT) respectively. A regression was used to quantify the effect of debt financing on asset usage. The result of the study indicated that there was a positive and non-significant impact of TDR on TAT is twelve firms. Further the study revealed that there was a negative and non-significant impact of TDR on TAT is eleven firms.
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spelling curtin-20.500.11937-380912017-01-30T14:11:59Z The influence of debt financing on asset usage: An empirical study of Indian's cement manufacturing Rengasamy, Dhanuskodi Asset usage total asset turnover and total debt rate debt finance cement sector This paper examines the effect of the debt financing on the asset usage of 23 selected Indian cement manufacturing companies listed in the Bombay stock exchange for the period of five years from 2008 to 2013. Debt financing and asset usage are measured through total debt rate (TDR) and total asset turnover ratio (TAT) respectively. A regression was used to quantify the effect of debt financing on asset usage. The result of the study indicated that there was a positive and non-significant impact of TDR on TAT is twelve firms. Further the study revealed that there was a negative and non-significant impact of TDR on TAT is eleven firms. 2014 Journal Article http://hdl.handle.net/20.500.11937/38091 - restricted
spellingShingle Asset usage
total asset turnover and total debt rate
debt finance
cement sector
Rengasamy, Dhanuskodi
The influence of debt financing on asset usage: An empirical study of Indian's cement manufacturing
title The influence of debt financing on asset usage: An empirical study of Indian's cement manufacturing
title_full The influence of debt financing on asset usage: An empirical study of Indian's cement manufacturing
title_fullStr The influence of debt financing on asset usage: An empirical study of Indian's cement manufacturing
title_full_unstemmed The influence of debt financing on asset usage: An empirical study of Indian's cement manufacturing
title_short The influence of debt financing on asset usage: An empirical study of Indian's cement manufacturing
title_sort influence of debt financing on asset usage: an empirical study of indian's cement manufacturing
topic Asset usage
total asset turnover and total debt rate
debt finance
cement sector
url http://hdl.handle.net/20.500.11937/38091