Abstract
The research is about an evaluation of financial performance of cement
companies of Karachi through debt financing. The research comprises
of listed companies in the Pakistan stock exchange, from year 2010 to
2017. The data when analyzed statistically reveals that the firms have
an impact on firm level variables. The keywords used in this paper is
financial performance and debt. Cement companies of Karachi include
Lucky Cement Ltd, Power Cement Ltd, Attock Cement Ltd, Deewan
Cement Ltd, Thatta Cement Ltd &Cherat Cement Ltd. Variables study
in this research are independent variables and dependent variable.
Short term debt, Long term debt & Total debt are the independent
variables whereas Debt to Asset or Debt to Equity is the dependent
variable of this research. The technique use in this research is
regression. It shows that debt has a significant negative relationship
with firm performance.
Sarfaraz Ahmed Shaikh, Meer Rujaib Naseem, Khurram Ali Mubash. (2019) Impact of Debt on Financial Performance of Cement industries in Karachi , Journal of Managerial Sciences, Volume 13, Issue 2.
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