Table 3.

Characteristics of high DT firms and low DT firms

VariablesFoH areaBoH areaOverall
High DT firmsLow DT firmsHigh DT firmsLow DT firmsHigh DT firmsLow DT firms
Revenue (million)M1,6424751,8096742,092460
SD2,1355552,6747812,318522
MarginM0.1260.0490.0970.0730.1400.054
SD0.1450.1590.1540.1590.1530.154
DebtM0.6690.4820.6130.5310.6230.519
SD0.5580.3040.4020.4260.5310.366
Cash flowM0.0940.0660.0700.0790.0940.070
SD0.0700.0650.0710.0680.0730.066
Asset (million)M7,6831,7639,0952,61710,0131,668
SD12,3462,10215,1793,91013,6121,983
Source(s): Developed by authors

or Create an Account

Close Modal
Close Modal