(October university for modern sciences and Arts (MSA), 2022-12) Ismail, Tariq Hassanin; El-Deeb, Mohamed Samy; Rezk, Rana Ahmed; Hemat, Anas
How well firms handle liquidity and asset utilization determines
their development, performance, and survival. Different liquidity and asset
utilization methods impact firms' bottom lines. While most studies have
studied the influence of liquidity and asset utilization on performance
independently, this research tests both factors using debt ratio as a
mediating variable. The investigation used secondary data from 50 Egyptian
listed firms' annual reports from 2019-2021. Data were analyzed using
descriptive statistics, correlation, and regression. The study indicated that
using tangible assets and current assets (liquidity) affected corporate
performance. The debt ratio does not affect asset utilization, liquidity, and
company performance. This study may assist management and financial
experts in examining the company's growth characteristics, liquidity and
asset utilization, business risk, and financial performance to anticipate its
future worth.
