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    Varun Vashisht
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    This document reports the results of statistical tests comparing financial ratios of high disclosure firms and low disclosure firms. A one-sample t-test found the financial revenue ratio, representing financial revenue as a percentage of average total assets, was not significantly different from zero with a 95% confidence interval including zero. The operational self-sufficiency ratio, representing financial revenue relative to expenses, was also not significantly different between high and low disclosure firms.

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    This document reports the results of statistical tests comparing financial ratios of high disclosure firms and low disclosure firms. A one-sample t-test found the financial revenue ratio, representing financial revenue as a percentage of average total assets, was not significantly different from zero with a 95% confidence interval including zero. The operational self-sufficiency ratio, representing financial revenue relative to expenses, was also not significantly different between high and low disclosure firms.

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    29 views1 page

    Revenues 4

    Uploaded by

    Varun Vashisht
    This document reports the results of statistical tests comparing financial ratios of high disclosure firms and low disclosure firms. A one-sample t-test found the financial revenue ratio, representing financial revenue as a percentage of average total assets, was not significantly different from zero with a 95% confidence interval including zero. The operational self-sufficiency ratio, representing financial revenue relative to expenses, was also not significantly different between high and low disclosure firms.

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    One-Sample Test Test Value = 0 95% Confidence Interval of the Difference t Financial Revenue Ratio (%) Financial Revenue/

    Average Total Assets profit margin -3.677 86 .000 3.342 df 87 Sig. (2-tailed) .001 Mean Difference .0018141278 Lower .000735068 Upper .002893188

    9.326864647625 1.436939382964 4.284335465611 1E6 Operational Self-Sufficiency (%) Financial Revenue (Total)/ (Financial Expense + Loan Loss Provision Expense + Operating Expense) 1.000 84 .320 2.868933950516 E7 E6

    - 8.572598725852 29E5

    175E5 2.834730824819 94E5

    The ratios reflecting revenues are also not significantly different from each other in case of high disclosure and low disclosure firms. The financial revenue ratio representing financial revenue as a proportion of average total assets is found not significant (t = 2.009). Profit margin is also not significant (t = 2.016).

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