Table 2. Summary statistics Variables...

Table 2.

Summary statistics

Variables	Mean	p25	p50	p95	Sd
Cash holding	0.176	0.039	0.082	0.614	0.191
Trade payables	0.541	0.213	0.412	2.066	2.150
Trade receivables	0.635	0.268	0.404	0.929	3.645
Sales	0.471	0.130	0.237	1.013	0.823
Growth opportunities	0.093	0.005	0.067	0.280	0.837
Leverage	0.367	0.159	0.236	0.830	0.964
Profitability	0.134	0.053	0.172	0.816	3.315
Finance cost	0.083	0.002	0.038	0.110	2.786
Firm size	6.316	3.875	5.669	11.140	7.403
Domestic credit (credit)	79.53	36.87	71.78	90.32	51.47
Real interest rate (RIR)	5.08	2.08	4.46	7.48	8.21
GDP growth rate (GDPGrowth)	3.51	0.91	3.89	6.23	5.12
GDP per capita (GDP capita)	23888.60	19859.32	13097.30	27799.97	39268.60

Variables	Mean	p25	p50	p95	Sd
Cash holding	0.176	0.039	0.082	0.614	0.191
Trade payables	0.541	0.213	0.412	2.066	2.150
Trade receivables	0.635	0.268	0.404	0.929	3.645
Sales	0.471	0.130	0.237	1.013	0.823
Growth opportunities	0.093	0.005	0.067	0.280	0.837
Leverage	0.367	0.159	0.236	0.830	0.964
Profitability	0.134	0.053	0.172	0.816	3.315
Finance cost	0.083	0.002	0.038	0.110	2.786
Firm size	6.316	3.875	5.669	11.140	7.403
Domestic credit (credit)	79.53	36.87	71.78	90.32	51.47
Real interest rate (RIR)	5.08	2.08	4.46	7.48	8.21
GDP growth rate (GDPGrowth)	3.51	0.91	3.89	6.23	5.12
GDP per capita (GDP capita)	23888.60	19859.32	13097.30	27799.97	39268.60

Note(s): This table presents the summary statistics of the main variables use to examine the relationship between the implementation of IFRS-9 and firms’ cash holding. Cash holding is a ratio of total cash and cash equivalent to total tangible assets

Source(s): Created by author

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