Financial Distress Predicted by Cash Flow and Leverage with Capital Intensity as Moderating

The level of financial distress is a condition where the company\u27s finances are in an unhealthy state or crisis. This study aims to examine the effect of cash flow and leverage in predicting the level of financial distress which is moderated by capital intensity at PT. Indah Karya (Persero). The research method used is descriptive verification with a quantitative approach. To assess this research, the 2013-2017 Quarterly Financial Report is used. The results showed that cash flows has a negative and significant influence in predicting the level of financial distress, leverage (debt to asset ratio) has a positive and insignificant influence in predicting the level of financial distress, capital intensity has a negative and insignificant effect in moderating the effect of cash flows on the level of financial difficulty and capital intensity has a positive and insignificant influence in moderating the influence of leverage in predicting the level of financial distress. Simultaneously cash flow and leverage in predicting the level of financial distress which is moderated by capital intensity together - have a significant effect on the condition of the level of financial distress of PT. Indah Karya (Persero). Another result found in this study is that the capital intensity variable in moderating leverage has the strongest influence in predicting the level of corporate financial distress which is seen by using an assessment of total assets to sales and debt to asset ratio. With these results, the company can use it as an early detection in the face of financial distress. Keywords: CashFlow, Leverage, Capital Intensity, Financial distres

Conservative interacting particles system with anomalous rate of ergodicity

We analyze certain conservative interacting particle system and establish ergodicity of the system for a family of invariant measures. Furthermore, we show that convergence rate to equilibrium is exponential. This result is of interest because it presents counterexample to the standard assumption of physicists that conservative system implies polynomial rate of convergence.Comment: 16 pages; In the previous version there was a mistake in the proof of uniqueness of weak Leray solution. Uniqueness had been claimed in a space of solutions which was too large (see remark 2.6 for more details). Now the mistake is corrected by introducing a new class of moderate solutions (see definition 2.10) where we have both existence and uniquenes

Anomalous diffusion for a class of systems with two conserved quantities

We introduce a class of one dimensional deterministic models of energy-volume conserving interfaces. Numerical simulations show that these dynamics are genuinely super-diffusive. We then modify the dynamics by adding a conservative stochastic noise so that it becomes ergodic. System of conservation laws are derived as hydrodynamic limits of the modified dynamics. Numerical evidence shows these models are still super-diffusive. This is proven rigorously for harmonic potentials

Characterization and Comparison of Convergence Among \u3cem\u3eCephalotus follicularis\u3c/em\u3e Pitcher Plant-Associated Communities with Those of \u3cem\u3eNepenthes\u3c/em\u3e and \u3cem\u3eSarracenia\u3c/em\u3e Found Worldwide

The Albany pitcher plant, Cephalotus follicularis, has evolved cup-shaped leaves and a carnivorous habit completely independently from other lineages of pitcher plants. It is the only species in the family Cephalotaceae and is restricted to a small region of Western Australia. Here, we used metabarcoding to characterize the bacterial and eukaryotic communities living in C. follicularis pitchers at two different sites. Bacterial and eukaryotic communities were correlated in both richness and composition; however, the factors associated with richness were not the same across bacteria and eukaryotes, with bacterial richness differing with fluid color, and eukaryotic richness differing with the concentration of DNA extracted from the fluid, a measure roughly related to biomass. For turnover in composition, the variation in both bacterial and eukaryotic communities primarily differed with fluid acidity, fluid color, and sampling site. We compared C. follicularis-associated community diversity with that of Australian Nepenthes mirabilis, as well as a global comparison of Southeast Asian Nepenthes and North American Sarracenia. Our results showed similarity in richness with communities from other pitcher plants, and specific bacterial taxa shared among all three independent lineages of pitcher plants. Overall, we saw convergence in richness and particular clades colonizing pitcher plants around the world, suggesting that these highly specialized habitats select for certain numbers and types of inhabitants

Dynamical large deviations for a boundary driven stochastic lattice gas model with many conserved quantities

We prove the dynamical large deviations for a particle system in which particles may have different velocities. We assume that we have two infinite reservoirs of particles at the boundary: this is the so-called boundary driven process. The dynamics we considered consists of a weakly asymmetric simple exclusion process with collision among particles having different velocities

On the Fibonacci universality classes in nonlinear fluctuating hydrodynamics

We present a lattice gas model that without fine tuning of parameters is expected to exhibit the so far elusive modified Kardar-Parisi-Zhang (KPZ) universality class. To this end, we review briefly how non-linear fluctuating hydrodynamics in one dimension predicts that all dynamical universality classes in its range of applicability belong to an infinite discrete family which we call Fibonacci family since their dynamical exponents are the Kepler ratios $z_i = F_{i+1}/F_{i}$ of neighbouring Fibonacci numbers $F_i$, including diffusion ($z_2=2$), KPZ ($z_3=3/2$), and the limiting ratio which is the golden mean $z_\infty=(1+\sqrt{5})/2$. Then we revisit the case of two conservation laws to which the modified KPZ model belongs. We also derive criteria on the macroscopic currents to lead to other non-KPZ universality classes.Comment: 17 page

Superdiffusivity of the 1D lattice Kardar-Parisi-Zhang equation

The continuum Kardar-Parisi-Zhang equation in one dimension is lattice discretized in such a way that the drift part is divergence free. This allows to determine explicitly the stationary measures. We map the lattice KPZ equation to a bosonic field theory which has a cubic anti-hermitian nonlinearity. Thereby it is established that the stationary two-point function spreads superdiffusively.Comment: 21 page

Design summary of the magnet support structures for the proton storage ring injection line upgrade

This report summarizes the technical engineering and design issues associated with the Proton Storage Ring (PSR) Injection Line upgrade of the Los Alamos Neutron Science Center (LANSCE). The main focus is on the engineering design calculations of several magnet support structures. The general procedure based upon a set number of design criteria is outlined, followed by a case-by-case summary of the engineering design analyses, reutilization or fabrication callouts and design safety factors

The Current State of Performance Appraisal Research and Practice: Concerns, Directions, and Implications

On the surface, it is not readily apparent how some performance appraisal research issues inform performance appraisal practice. Because performance appraisal is an applied topic, it is useful to periodically consider the current state of performance research and its relation to performance appraisal practice. This review examines the performance appraisal literature published in both academic and practitioner outlets between 1985 and 1990, briefly discusses the current state of performance appraisal practice, highlights the juxtaposition of research and practice, and suggests directions for further research