Volume : IV, Issue : IV, April - 2015

DETERMINANTS OF LIQUIDITY OF THE SELECT INDIAN TRACTOR COMPANIES

Dr. R. Velmurugan, S. Annalakshmi

Abstract :

 India is mainly an agricultural country. Agriculture accounts for approximately 25 percent of India’s GDP. The auto 

industry plays a significant role in shaping a country’s economy development.The reputation of any industry depends 
on its liquid position, which assists a company in settling their dues in time. Liquidity refers to the firm’s ability to meet 
the claims of suppliers of goods, services and capital. The article considers liquidity position of tractor industry by employing Correlation and 
Multiple Regression test. The data required for the study is secondary in nature. The required data are collected from Capital Line databaseforthe 
period ranging between 2002 and 2012.The collected data is analyzed by making use of correlation and Multiple Regression. The results reveals 
that liquidity position of a company depends on Size, Return on Investment, Inventory Turnover Ratio, Growth in Sales, Leverage and Assets 
Turnover Ratio.

Keywords :

Article: Download PDF    DOI : https://www.doi.org/10.36106/gjra  

Cite This Article:

Dr.R.Velmurugan, S.Annalakshmi DETERMINANTS OFLIQUIDITYOFTHE SELECT INDIAN TRACTOR COMPANIES Global Journal For Research Analysis, Vol: 4, Issue: 4 April 2015


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