Analyzing PSU’s Performance: A Case from Ministry of Petroleum and Natural Gas of India

Table 4

Correlation coefficient: March 2012 data.

	Total assets	Total expenses	Employee cost	Total income	Operating profit
Total assets	1	0.638691472	0.924470351	0.732162037	0.919705011
Total expenses	0.638691472	1	0.319025867	0.991643276	0.288662319
Employee cost	0.924470351	0.319025867	1	0.43692631	0.986310318
Total income	0.732162037	0.991643276	0.43692631	1	0.409037546
Operating profit	0.919705011	0.288662319	0.986310318	0.409037546	1