금융·보험·증권업의 재무비율 상관성에 관한 연구

In this study, we conducted a financial ratio analysis of sales profitability ratio and activity ratio using financial statements of finance, insurance, and securities industries, standardized the profitability and activity financial ratio variables, and analyzed the correlation using canonical correlation coefficient. As a result of the significance test of canonical correlation coefficient, there were three canonical correlation coefficients that were statistically significant in grasping the association. The results of the correlation analysis between the observation variables and the canonical variables were as follows: Correlation between the profitability observation variable and the profitability canonical variable showed in gross profit ratio (GPR), earnings after tax to sales ratio (EATSR), and operating profit to sales ratio (OPAR). Correlation between the activity observation variable and the activity canonical variable in total assets turnover (TAT) and inventory turnover (IT). Correlation between the profitability observation variable and the activity canonical variable in GPR. And Correlation between the activity observation variable and the profitability canonical variable in TAT. The cumulative contributions of profitability canonical variable and activity canonical variable, which accounted for the overall variation of variables, were very high, about 88.8% and 80.6%, respectively. This suggests that improvement of profitability and activity factors should be made for business performance management.