FINDINGS
The analysis of the relationship of cash flow ratios and future earning and financial costs of companies listed on the Stock Exchange of Thailand. The researcher uses multiple regression analysis from all the analyzed units from the sample groups and sub-group analysis of each business group. The results of the analysis are as follows:
1. The analysis of the relationship of cash flow ratios and future earnings of all analyzed units of the sample group, from Table 1, reveals that cash flow ratios from operations to total liabilities, cash flow ratios from operations to total assets, cash flow ratios from operations to operations earnings, cash flow ratios from operations to owner’s equity, cash flow ratios from operations to investing in fixed assets, and cash flow ratios from operations to sales is significantly related to future earnings. As for controlled variables, which are business size and business risk, these are also related to future earnings.
2. The analysis of the relationship of cash flow ratios and financial costs of all the analyzedunits from the sample group, from Table 1, reveals that cash flow ratios from operations to owner’s equity, cash flow ratios from operations to total assets, cash flow ratios from operations to operations earnings, cash flow ratios from operations to total liabilities, and cash flow ratios from operations to sales is significantly related to financial costs. As for controlled variable, which is business size, this is also related to financial costs