The Capital Structure And Performance Evaluation In The Brewery Industry (A Case Study Of Nigerian Breweries Plc)
ABSTRACT
Capital
Structure discusses a mix of debt and equity in financing a firm or how a
company finances its operation using the debt and equity factor. Therefore, the
purpose of this study is to determine whether the capital structure of Nigerian
Brewery Plc has any relationship with its performance. Data were gathered from
secondary sources, using Nigerian Breweries Plc financial statements and the
data duly tested and analyzed using correlation which gave credence to the
conclusion that the use of appropriate debt and equity ratio has resulted toe
excellent profit performance following growth in turnover and that the
industry's dividend per share have been on the increase, signifying financial
stability. More so, to achieve further incremental improvement the study
recommends that the industry should increase its proportion of debt in its
capital structure mix to achieve a lower cost of capital as well as low tax
rate. Effective costing and sales promotion techniques should be employed to
achieve higher sales and the industry should encourage investment in allied
industries that produces its needed raw materials to enable consistency in
their production.
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ONU, I (2021). The Capital Structure And Performance Evaluation In The Brewery Industry (A Case Study Of Nigerian Breweries Plc) . Mouau.afribary.org: Retrieved Nov 26, 2024, from https://repository.mouau.edu.ng/work/view/the-capital-structure-and-performance-evaluation-in-the-brewery-industry-a-case-study-of-nigerian-breweries-plc-7-2
IFEANYI, ONU. "The Capital Structure And Performance Evaluation In The Brewery Industry (A Case Study Of Nigerian Breweries Plc) " Mouau.afribary.org. Mouau.afribary.org, 29 Jun. 2021, https://repository.mouau.edu.ng/work/view/the-capital-structure-and-performance-evaluation-in-the-brewery-industry-a-case-study-of-nigerian-breweries-plc-7-2. Accessed 26 Nov. 2024.
IFEANYI, ONU. "The Capital Structure And Performance Evaluation In The Brewery Industry (A Case Study Of Nigerian Breweries Plc) ". Mouau.afribary.org, Mouau.afribary.org, 29 Jun. 2021. Web. 26 Nov. 2024. < https://repository.mouau.edu.ng/work/view/the-capital-structure-and-performance-evaluation-in-the-brewery-industry-a-case-study-of-nigerian-breweries-plc-7-2 >.
IFEANYI, ONU. "The Capital Structure And Performance Evaluation In The Brewery Industry (A Case Study Of Nigerian Breweries Plc) " Mouau.afribary.org (2021). Accessed 26 Nov. 2024. https://repository.mouau.edu.ng/work/view/the-capital-structure-and-performance-evaluation-in-the-brewery-industry-a-case-study-of-nigerian-breweries-plc-7-2