5.2 Conclusions
From the above findings, it is concluded that the value of comparative study on financial performance of Ambo and Robi-berga farmers’ cooperatives unions,:
Liquidity ratios: like current ratio, quick ratio, absolute liquid ratio and networking capital ratio of Ambo farmers’ cooperative union was good liquidity position during the study periods. So, the ratios of Ambo cooperative union were above the standards, hence the Ambo union was paid short-term obligations. However, Robi-berga farmers’ cooperative union was reflecting poor liquidity position, because the ratios were below the standards, due to this reasons the Robi-brga cooperative union was not paid the short-term obligation during the study periods. Although, the …show more content…
Because, Ambo cooperative union has efficient management systems, better operational efficiency, better efficient utilization of shareholders’ equity and better efficient utilization of assets for return than Robi-berga cooperative union during the study periods. In generally, as profitability ratios those two unions were not satisfactory as the standard …show more content…
However, leverage positions of the selected farmers’ cooperatives unions were above the standards all the study periods, but Robi-berga cooperative union was more financed from the outsiders, this is a greater risk to the union. Ratio of assets to liabilities of the selected farmers’ cooperatives unions was good, but Ambo cooperative union has better financial position than Robi-brga cooperative union. Additionally, Ambo cooperative union has good efficient manner than Robi-berga cooperative union in terms of inventory turnover ratio as well as debtor turnover ratios. However, in terms of debt collection period’s ratio and total asset turnover ratios Robi-berga cooperative union has better efficient manners. In the case of profitability ratios Ambo cooperative union has good financial performance than Robi-berga cooperative union during the study periods. Generally, the Robi-berga farmers’ cooperative union has poor financial performance and position, so the union has not operating the activities in financial efficiency and effective ways. This cause that the union has not maintained satisfactory level of financial performance; this is because most of the financial ratio of the union was below the
From the above findings, it is concluded that the value of comparative study on financial performance of Ambo and Robi-berga farmers’ cooperatives unions,:
Liquidity ratios: like current ratio, quick ratio, absolute liquid ratio and networking capital ratio of Ambo farmers’ cooperative union was good liquidity position during the study periods. So, the ratios of Ambo cooperative union were above the standards, hence the Ambo union was paid short-term obligations. However, Robi-berga farmers’ cooperative union was reflecting poor liquidity position, because the ratios were below the standards, due to this reasons the Robi-brga cooperative union was not paid the short-term obligation during the study periods. Although, the …show more content…
Because, Ambo cooperative union has efficient management systems, better operational efficiency, better efficient utilization of shareholders’ equity and better efficient utilization of assets for return than Robi-berga cooperative union during the study periods. In generally, as profitability ratios those two unions were not satisfactory as the standard …show more content…
However, leverage positions of the selected farmers’ cooperatives unions were above the standards all the study periods, but Robi-berga cooperative union was more financed from the outsiders, this is a greater risk to the union. Ratio of assets to liabilities of the selected farmers’ cooperatives unions was good, but Ambo cooperative union has better financial position than Robi-brga cooperative union. Additionally, Ambo cooperative union has good efficient manner than Robi-berga cooperative union in terms of inventory turnover ratio as well as debtor turnover ratios. However, in terms of debt collection period’s ratio and total asset turnover ratios Robi-berga cooperative union has better efficient manners. In the case of profitability ratios Ambo cooperative union has good financial performance than Robi-berga cooperative union during the study periods. Generally, the Robi-berga farmers’ cooperative union has poor financial performance and position, so the union has not operating the activities in financial efficiency and effective ways. This cause that the union has not maintained satisfactory level of financial performance; this is because most of the financial ratio of the union was below the