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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM17215
Volume:
6 |
12 |
Dec 2022
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
______________________________________________________________________________ Finance is the keystone of every organisation. It is essential to plan and manage fund at every step in the business. Cashflow in a business helps to ensure the efficient utilization of capital and available resources according to the principles of profitability, liquidity and solvency. A statement of financial performance is an accounting summary of a business which reveals the revenues, expenses and net incomes. Generally, a statement of financial performance is important to understand whether the business is profitable or not. It is a declaration to make further decision to expand and develop the business. This important factor kindles every researcher to analyse the financial performance of any industry. The study is a small effort to observe the performance of the automobile industry in which Maruti Suzuki India Limited has been chosen as the sample for the study as it is one of the major player in the automobile business sector. The study has been carried for a period of ten years from 2013-2022. The secondary data for the analyses has been collected from the moneycontrol.com database. To predict the financial performance and distress, a financial bankruptcy model of Altman’s Z-score model has been applied. ______________________________________________________________________________
KEYWORDS
Publication Date
12/22/2022
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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The authors declare no conflict of interest related to this research work.
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