11.Diagnosing the financial health of Selected Pharmaceutical Companies in Bangladesh

Page 19

Journal of Biology, Agriculture and Healthcare ISSN 2224-3208 (Paper) ISSN 2225-093X (Online) Vol 2, No.1, 2012

www.iiste.org

Table-07: Current Ratio Name of the

2005-06

2006-07

2007-08

Mean

Pharmaceuticals

Industry

S.D

Mean

t –value

Table

Result

(Absolute

value*

(Ho)

value) ACTIVEFINE

1.26:1

1.51:1

1.74:1

1.08:1

0.94:1

0.24

1.00

4.30

Accepted

SQURPHARMA

1.05:1

1.09:1

1.21:1

1.12:1

0.94:1

0.08

3.60

4.30

Accepted

IBNSINA

0.98:1

1.13:1

1.19:1

1.10:1

0.94:1

0.11

2.67

4.30

Accepted

BXPHARMA

1.27:1

0.98:1

0.92:1

1.06:1

0.94:1

0.19

1.09

4.30

Accepted

RENETA

1.09:1

1.08:1

1.06:1

1.08:1

0.94:1

0.02

14.00

4.30

Rejected

BEACONPHAR

0.70:1

0.60:1

0.52:1

0.61:1

0.94:1

0.09

6.60

4.30

Rejected

AMBEEPHA

0.58:1

0.56:1

0.56:1

0.57:1

0.94:1

0.01

61.67

4.30

Rejected

PHARMAID

0.98:1

0.97:1

0.98:1

0.98:1

0.94:1

0.01

6.67

4.30

Rejected

BPL

0.98:1

0.90:1

0.67:1

0.85:1

0.94:1

0.16

1.00

4.30

Accepted

Source: Annual Report and Official Records of the selected Pharmaceuticals *Significant at the 0.05 level (2-tailed).

Table-08: Liquid/ Quick/ Acid Test Ratio Name of the

2005-06

2006-07

2007-08

Mean

Pharmaceuticals

Industry

S.D

Mean

t –value

Table

(Absolute

value*

Result (Ho)

value) ACTIVEFINE

1.06:1

1.31:1

1.47:1

1.28:1

0.57:1

0.21

464.33

4.30

Rejected

SQURPHARMA

0.58:1

0.66:1

0.69:1

0.64:1

0.57:1

0.06

2.33

4.30

Accepted

IBNSINA

0.35:1

0.34:1

0.18:1

0.29:1

0.57:1

0.10

4.67

4.30

Rejected

BXPHARMA

0.68:1

0.52:1

0.57:1

0.59:1

0.57:1

0.08

0.40

4.30

Accepted

RENETA

0.51:1

0.66:1

0.49:1

0.55:1

0.57:1

0.09

0.40

4.30

Accepted

BEACONPHAR

0.32:1

0.23:1

0.33:1

0.29:1

0.57:1

0.06

9.33

4.30

Rejected

AMBEEPHA

0.42:1

0.37:1

0.34:1

0.38:1

0.57:1

0.04

9.50

4.30

Rejected

PHARMAID

0.59:1

0.76:1

0.74:1

0.70:1

0.57:1

0.09

2.60

4.30

Accepted

BPL

0.47:1

0.50:1

0.32:1

0.43:1

0.57:1

0.10

2.33

4.30

Accepted

Source: Annual Report and Official Records of the selected Pharmaceuticals *Significant at the 0.05 level (2-tailed).

35


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