Liquidity and profitability of oil and gas industry in Malaysia

This paper aims to reveal the impact of liquidity towards profitability of oil and gas industry in Malaysia. The analysis is based on a sample of 25 oil and gas companies that are listed in Bursa Malaysia for the period of 2012 to 2018. Regression analysis was used to test the impact and the trend o...

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Main Authors: Ismail N., Mohamad N.M., Ramli A.A.
Other Authors: 57214460761
Format: Article
Published: Blue Eyes Intelligence Engineering and Sciences Publication 2023
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spelling my.uniten.dspace-244162023-05-29T15:23:21Z Liquidity and profitability of oil and gas industry in Malaysia Ismail N. Mohamad N.M. Ramli A.A. 57214460761 57211601802 56258324800 This paper aims to reveal the impact of liquidity towards profitability of oil and gas industry in Malaysia. The analysis is based on a sample of 25 oil and gas companies that are listed in Bursa Malaysia for the period of 2012 to 2018. Regression analysis was used to test the impact and the trend of financial position after and before decreasing oil price. The result shows that there is a significant impact of only quick ratio on Return on Assets (ROA), Return on Equity (ROE) and Return on Invested Capital (ROIC). While for the cash conversion cycle, the result shows that there is a negatively and significant on ROA, ROE and ROIC. However, for the current ratio, it shows the result as insignificantly with the three dependent variables; ROA, ROE and ROIC. The main results of the paper demonstrate that each ratio (variable) has a significant impact on the financial positions of oil and gas industry with differing amounts and that along with the liquidity ratios in the first place. In addition, this paper shows the results that after the crisis of dropped in oil price, it�s affected to the oil and gas industry in Malaysia. � BEIESP. Final 2023-05-29T07:23:21Z 2023-05-29T07:23:21Z 2019 Article 10.35940/ijeat.A2696.109119 2-s2.0-85074584026 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85074584026&doi=10.35940%2fijeat.A2696.109119&partnerID=40&md5=02a8cc7dbc83f74db5eb5bcc4c8dd288 https://irepository.uniten.edu.my/handle/123456789/24416 9 1 3603 3606 All Open Access, Bronze Blue Eyes Intelligence Engineering and Sciences Publication Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description This paper aims to reveal the impact of liquidity towards profitability of oil and gas industry in Malaysia. The analysis is based on a sample of 25 oil and gas companies that are listed in Bursa Malaysia for the period of 2012 to 2018. Regression analysis was used to test the impact and the trend of financial position after and before decreasing oil price. The result shows that there is a significant impact of only quick ratio on Return on Assets (ROA), Return on Equity (ROE) and Return on Invested Capital (ROIC). While for the cash conversion cycle, the result shows that there is a negatively and significant on ROA, ROE and ROIC. However, for the current ratio, it shows the result as insignificantly with the three dependent variables; ROA, ROE and ROIC. The main results of the paper demonstrate that each ratio (variable) has a significant impact on the financial positions of oil and gas industry with differing amounts and that along with the liquidity ratios in the first place. In addition, this paper shows the results that after the crisis of dropped in oil price, it�s affected to the oil and gas industry in Malaysia. � BEIESP.
author2 57214460761
author_facet 57214460761
Ismail N.
Mohamad N.M.
Ramli A.A.
format Article
author Ismail N.
Mohamad N.M.
Ramli A.A.
spellingShingle Ismail N.
Mohamad N.M.
Ramli A.A.
Liquidity and profitability of oil and gas industry in Malaysia
author_sort Ismail N.
title Liquidity and profitability of oil and gas industry in Malaysia
title_short Liquidity and profitability of oil and gas industry in Malaysia
title_full Liquidity and profitability of oil and gas industry in Malaysia
title_fullStr Liquidity and profitability of oil and gas industry in Malaysia
title_full_unstemmed Liquidity and profitability of oil and gas industry in Malaysia
title_sort liquidity and profitability of oil and gas industry in malaysia
publisher Blue Eyes Intelligence Engineering and Sciences Publication
publishDate 2023
_version_ 1806423537228972032
score 13.211869