419 research outputs found
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
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
of neighbouring Fibonacci numbers , including
diffusion (), KPZ (), and the limiting ratio which is the
golden mean . 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
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
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
Recommended from our members
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
- …