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Table 3 Summary statistics of variables used in the analysis

From: Competition and microfinance institutions’ performance: evidence from India

Variable Obs Mean Std. Dev. Min Max
Dependent variables
 Return on Asset (ROA) 828 0.000842 0.125458 −2.3432 0.5627
 Operational Self-Sufficency (OSS) 920 1.108934 0.397338 −0.6836 6.1197
Independent variables
 Average Loan size (ALS) 950 286.1426 3810.386 0.050209 117,488.5
 Gross Loan Prtofolio (GLP) in $ (USD) 989 3.68E+ 07 1.16E+ 08 60 1.53E+ 09
 Total Cost (TC) in $ (USD) 826 8,524,235 2.38E+ 07 0.0595 2.24E+ 08
 Log of Total Cost (lnTC) 826 14.08078 2.137252 −2.82178 19.22688
 No Of Active Borrower (NAB) 951 234,832.8 682,991.9 6 6,523,113
 Log (NAB) lnNAB 951 10.4852 1.995558 1.791759 15.69086
 Average Loan portfolio to GNI (Depth) 950 0.289806 4.703837 0.000062 145.0475
 Financial Expense to Liability (FEL) 813 0.128139 0.659352 0.000301 18.8517
 Administrative Expense to Asset (AEA) 755 0.045536 0.04787 0.0009 0.6866
 Personnel Expense to Asset (PEA) 754 0.062621 0.04388 0.0006 0.4688
Control Variables
 Log of Total Asset (MFI_size) 971 15.49639 2.100206 4.779123 20.83353
 Equity to Total Asset (Risk Level) 966 0.242958 0.609972 −1.09249 17.75329