Analysis of the Impact of OCFM on PI in ICLASE

The aim of this study was to identify the impact of OCFM on PI in ICLASE. In order to meet the study’s objectives, the researcher used an analytical descriptive approach to collect data on the independent variable (OCF), and to measure the dependent variable with the following indicators: return on asset ROA, return on equity ROE, and return on earnings per share EPS for 32 companies during the period 2017–2021 by reviewing the annual financial reports (FR) issued by the ICLASE. In the study, a number of results were reached, including: OCFM has a positive effect on PI in ICLASE. In the study, it was recommended that companies at risk of declining OCF try to achieve positive OCF by enhancing revenues, reducing operating expenses, extending payable payment periods and reducing receivable collection periods, or any other practice that enhances positive operating cash flows.