... liquidity and profitability and reduced the debt ratio That is, the proper approaches for fund handling, on the one hand, helps strengthen liquidity, and on the other hand, increases profitability ... payment terms Fourth, measures of payment security: Typically, to protect the interests of investors and contractors, measures of payment security are specified in the contract As stated above, ... Turnover (cycle / year) 3,66 3,44 3,01 3,92 3,55 Profitability ratio of total assets - ROA (%) 4,75 5,25 4,82 4,77 4,45 Profitability ratio of equity – ROE (%) 21,3 16,8 14,7 16,2 13,8 Source: [31] and...