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      • 우리나라 中小纖維工業社會의 財務構造 改善方向

        曺廷煥,都昌烽 경북대학교 교육대학원 1991 논문집 Vol.23 No.-

        The purpose of this study is to analyze the financial structure of small-medium size fabric firms by financial ratios and index, and to provide the ways of improvements. It was found tha financial liquidity and capital profitability have different meanings but they are lselyco interrelated. For example, in business, the firms with high level of capital profitability can be failed by lack of liquidity. this situation can be caused by high level of inventory, difficulty in financing and increase in bad receavables. We call that "technical insovancy". The results of this analysis showed that the capital structure ws unbalanced with high level of other's capital, the ability to meet short-term liability was weak, and inventory was overstored with sales decrease. Considering those facts, the following suggestions can be given : First, to increase owner's capital by retained earnings Second, to transfer current liability to ling-term liability Third, to increase sales to improve profitability Finally, to consolidate other firms in the same industry.

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