Ratio Analysis of Tangentprobiz
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Date
2019-07-25T09:05:01Z
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Abstract
Ratio analysis is a powerful tool of financial analysis. A ratio is defined as “the indicated
quotient of two mathematical expressions” and “the relationship between two or more
things”. In financial analysis, a ratio is used as a benchmark for evaluation the financial
position and performance of a firm. The absolute accounting figures reported in the financial
statements do not provide a meaningful understanding of the performance and financial
position of a firm. An accounting figure conveys meaning when it is related to some other
relevant information. For example, an Rs.5 core net profit may look impressive, but the
firm’s performance can be said to be good or bad only when the net profit figure is related to
the firm’s Investment.
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VIVEK KUMAR, 1NH17MBA94