Mrs.B.Poornima, Ms.S.Vishnu Priya
Efficiency, liquidity, and profitability ratios
Since many years ago, managers, planners, economists, and academic staff have all had opinions on how well a company is measuring its performance. It is the process of evaluating a company's operations and policies in terms of their financial impact. This phrase is also used to compare similar businesses within the same companies or to compare businesses or industries in aggregate. It can be used as a general indicator of a firm's overall financial health over a specific time period. Financial experts frequently evaluate the company's output and productivity levels as well as its profitability, liquidity, leverage, asset utilization, and growth levels. An effort has been made to analyze in this paper the position of five of India's top pharmaceutical companies in terms of profitability using multiple regression, analysis of variance, mean, standard deviation, and coefficient of variation. The findings are consistent with earlier research and accepted financial theory, which states that rising profitability will result in greater efficiency as well as better financial performance in the long run. The company's efficiency ratios, which include a relatively stable inventory turnover ratio and receivables turnover ratio, suggest that it has been effective in managing its resources.
Article Details
Unique Paper ID: 158955

Publication Volume & Issue: Volume 9, Issue 11

Page(s): 348 - 352
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