Volume : IX, Issue : II, February - 2019

FINANCIAL PERFORMANCE ANALYSIS WITH REFERENCE TO SHIPPING SECTORS

Dr. V. Siva Sankaran

Abstract :

Financial performance analysis of the firm will provide an assessment and analysis of the profitability, liquidity, performance and financial position of the organization. The ratios were able to provide a clear view of the overall performance of the company. Gross Profit margin is very good which implies that direct costs are properly monitored. The company has a healthy liquidity position which means that it can rely on its current assets to finance the current liabilities and does not have to commit to long term debts. It has been recommended that the company should look into ways of improving sales in period of low demand to improve profitability and also increase financing to expand and grow the business. The sample of fifty companies selected from various areas of Chennai city. The data collection instrument used for the study was balance sheet .the paper concludes with a positive response of financial performance in shipping sectors.

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Article: Download PDF   DOI : 10.36106/ijar  

Cite This Article:

FINANCIAL PERFORMANCE ANALYSIS WITH REFERENCE TO SHIPPING SECTORS, Dr.V.SIVA SANKARAN INDIAN JOURNAL OF APPLIED RESEARCH : Volume-9 | Issue-2 | February-2019

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