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MENUVolume : 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 :
Automobile Industry Tractors Companies Current Ratio Inventory Turnover Ratio Size of the Firm and Leverage
Article:
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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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References :
Dr.R.Velmurugan, S.Annalakshmi DETERMINANTS OFLIQUIDITYOFTHE SELECT INDIAN TRACTOR COMPANIES Global Journal For Research Analysis, Vol: 4, Issue: 4 April 2015
