On closer examination, Lithia's sterling five-year profitability was largely a function of its performance prior to its December 1996 initial public offering, when it had minuscule amounts of equity.
Apple's enormous profitability in recent years wasn't just a function of coming up with great ideas.
Walmart's superefficient distribution system — a function of its enormous volume and geographic reach — was long the secret to Walmart's immense profitability, as Prof. Bruce C. Greenwald of the Columbia Business School noted in his book "Competition Demystified".
Safety, efficiency, profitability and other similar outcomes and attributes are considered to emerge as a function of the complex pattern of interactions within and between a system's social-organisational and technical components.
Profitability will depend on revenue, R i (price and demand) and the cost of provision, C i. Revenue will be a function of observed quality,, which is actual quality q i measured with error, and also of competition, N i.
SCST has a track record of profitability, a healthy balance sheet and strong cash flow.
UBS's third quarter net profit of US$1.65 billion beat analyst estimates, continuing a string of profitability.
The owners, as before, are seeking a hard cap and an assurance of profitability.
Return on assets, a measure of profitability, rose from 0.57% to 0.89%.
What we are talking about is a lack of profitability".
