Food Industry Profitability Linked to Optimal Capital Structure, Boosting Competitiveness
In the research, they looked at how profitable food industry companies are related to how they're financed. They checked data from big food companies in China in 2014 to see how well they were doing and how they handled their money. By studying 21 of these food companies, they found that how much money a company owes compared to how much it has can affect how well it does financially. This means that for food companies, having the right mix of debt and assets can help them make more money.