Multivariate analysis and the establishment of new common financial performance indicators in publicly traded companies

Abstract

This article aims to analyze the interdependence of asset management indicators of publicly traded companies from different sectors, through the use of Factor Analysis, one of the aspects of Multivariate Analysis. As a result, the total of 2 underlying factors in relation to the 7 economic and financial indicators selected for the study, namely: general liquidity, dry liquidity, immediate liquidity, current liquidity, asset turnover ratio, stock. The factors were called Financial Liquidity and Profitability, according to the concepts of Production Engineering. The KMO test showed a value of 0.739, classifying the level of appropriation of the analysis as adequate for model validation. Bartlett's test obtained a value of 398,192 (significance level of 1%) and the total explained variance obtained an explanation degree of 83.54%.