Volume : IV, Issue : V, May - 2015

TO MEASURE SHORT TERM FINANCIAL STRENGTH OF SELECTED STEEL COMPANIES IN INDIA BASED ON LIQUIDITY RATIO

Mr. Ankit D. Patel

Abstract :

 Liquidity is a pre–requisite for the very survival of a business unit. Liquidity represents the ability to business  concern to meet short term obligations when they fall due for payment. In this study Analysis of variance (ANOVA)  carried out for liquidity ratios for the selected steel company in India for the period of 2009–10 to 2013–2014. In these, liquidity ratios include  Current Ratio, Acid test ratio or Quick Ratio and Absolute Liquidity Ratio. The statistical tool ANOVA is used to test the hypothesis regarding  Liquidity ratios which are based on a sample of five selected companies in steel industry. From the analysis concluded there is significant  difference in all Liquidity Ratios of five selected steel Companies.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Mr. Ankit D. Patel TO MEASURE SHORT TERM FINANCIAL STRENGTH OF SELECTED STEEL COMPANIES IN INDIA BASED ON LIQUIDITY RATIO International Journal of Scientific Research, Vol : 4, Issue : 5 May 2015

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