Analysis of Solvency Position of Indian Steel Industry

  • Unique Paper ID: 151823
  • Volume: 8
  • Issue: 1
  • PageNo: 1086-1091
  • Abstract:
  • Solvency refers to company’s ability to meet the long-term liabilities and measure the enterprise’s ability to pay the interest regularly and to repay the principal (i.e., capital amount) on maturity or in pre-determined instalments at due date (Arab, 2014). It is required to continue business operations up to the predictable future.The present paper aims to analyse the solvency position of the selected steel companies by using major solvency ratios. For this study, secondary data has been collected for top 10 steel companies from 2009-10 to 2018-19. The study revealed that the solvency position of most of the companies is adequate as theses are mainly dependent on owned funds.

Copyright & License

Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{151823,
        author = {Dr. Nripinder Kaur},
        title = {Analysis of Solvency Position of Indian Steel Industry},
        journal = {International Journal of Innovative Research in Technology},
        year = {},
        volume = {8},
        number = {1},
        pages = {1086-1091},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=151823},
        abstract = {Solvency refers to company’s ability to meet the long-term liabilities and measure the enterprise’s ability to pay the interest regularly and to repay the principal (i.e., capital amount) on maturity or in pre-determined instalments at due date (Arab, 2014). It is required to continue business operations up to the predictable future.The present paper aims to analyse the solvency position of the selected steel companies by using major solvency ratios. For this study, secondary data has been collected for top 10 steel companies from 2009-10 to 2018-19. The study revealed that the solvency position of most of the companies is adequate as theses are mainly dependent on owned funds. },
        keywords = {Solvency Position, Debt Equity Ratio, Funded Debt to Total Capitalisation Ratio, Proprietary Ratio, Fixed Assets to Net worth Ratio, Interest Coverage Ratio},
        month = {},
        }

Cite This Article

  • ISSN: 2349-6002
  • Volume: 8
  • Issue: 1
  • PageNo: 1086-1091

Analysis of Solvency Position of Indian Steel Industry

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