Financial Analysis- A Case Study

Vol-4 | Issue-5 | May 2019 | Published Online: 25 May 2019    PDF ( 484 KB )
Author(s)
Dr. Sachin Chavan 1; Dr. Deepa Abhonkar 2; Dr. Snehal Sashte 3

1Associate Professor, Zeal College of Engineering & Research, Narhe, Pune, India

2“Asst. Prof”, MGV’s Institute of Managemen & Research, Nasik

3Assistant Professor, Zeal College of Engineering & Research, Narhe, Pune, India

Abstract

The Ratio Analysis technique is the process of identifying the financial strength and weakness of the firm by properly establishing relationship between the items of the balance-sheet and the profit and loss account because the figures recorded in the financial statements are absolutely incapable of revealing the soundness or otherwise of a Company s financial position or performance. Thus the technique of Ratio Analysis has been used which is supposed to be powerful tool for financial statements. Accounting ratios supportive to analyze the financial locus of a company. Financial analysis aids to evaluate the financial health of a firm. Accounting ratios are intended for a number of years which demonstrates the changes. Ratios are useful tool for various stakeholders like management, financiers, shareholders and creditors etc. In order to analyze the financial performance of Visa Steel Limited, the accounting ratios are used. Secondary data is used from the Published Annual Reports of the company for time period 2016-17 to 2018-19. The final result of the paper in accordance to the financial performance of Visa Steel Limited shows that the financial performance of the company is poor after 2015-16 and directors should pay more attention to revive the company.

Keywords
Accounting Ratios, Annual Reports, , Financial Performance, Steel Industry.
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