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Table 2 Descriptive statistics of sugar-using publicly traded firms from Q1 2000 to Q4 2017

From: The impact of US sugar prices on the financial performance of US sugar-using firms

Variable Obs Mean Std. Dev. Min Max
ROA 1513 13.62 7.90 − 3.50 43.39
MTB 1543 2.33 1.34 0.95 8.03
SGA 1535 24.66 8.54 10.02 43.21
ATO 1545 1.08 0.48 0.32 3.01
Size 1543 8.72 2.15 3.23 12.38
Growth 1527 5.21 10.69 − 19.19 53.80
FRisk 1541 0.13 0.11 0.00 0.48
UWpra 1562 2.00 0.69 1.14 3.90
UWpre 1562 2.04 0.45 1.19 3.22
UWprb 1562 1.92 0.42 1.14 2.89
  1. Notes: Variable definitions are shown in Table 1. Quarterly financial data was obtained from CRSP/COMPUSTAT from the first quarter of 2000 to the fourth quarter of 2017. Observations with negative common equity were removed from the sample. We winsorized the data at the 1% and 99% percentiles (Adams et al. 2019; Tukey 1962). Monthly sugar prices were obtained from the USDA sugar and sweeteners yearbook tables.