Financial Health Analysis of select Multinational Pharmaceutical Companies in India
| Vol-4 | Issue-01 | January-2019 | Published Online: 20 January 2019 PDF ( 482 KB ) | ||
| DOI: https://doi.org/10.5281/zenodo.2559396 | ||
| Author(s) | ||
Dr.M.Jegadeeshwaran
1;
Ms.R.Ramapriya
2;
R.Umadevi
3;
Dr.A.Raju
4;
M.Indrapriya
5
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1Assistant Professor, School of Commerce, Bharathiar University, Coimbatore, Tamil Nadu (India) 2Ph.D Scholar, School of Commerce, Bharathiar University, Coimbatore, Tamil Nadu (India) 3Assistant Professor, Department of Commerce, Dr.SNS Rajalakshmi College of Arts & Science, Coimbatore (India) 4Assistant Professor, Department of Commerce PA , Dr.SNS Rajalakshmi College of Arts & Science , Coimbatore (India) 5Assistant Professor, Department of Commerce PA , Dr.SNS Rajalakshmi College of Arts & Science , Coimbatore (India) |
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| Abstract | ||
Indian pharmaceutical industry has played a key role in promoting and sustaining development in the vital field of medicines. It ranks very high in the third world, in terms of technology, quality and range of medicines manufactured. The objective of the present study is to analyze the financial health of select multinational pharmaceutical companies in India. The period of the study is from 2000-01 to 2014-15. Secondary data is used for the study. The data analysis was done using Ratio analysis and statistical tools like mean, standard deviation, coefficient of variation, compound annual growth rate and Altman „Z‟- score analysis. The major findings of the study indicate that financial health of Abbott pharma Ltd is good in position. Whereas other multinational pharmaceutical companies should pay more attention to improve the financial health. |
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| Keywords | ||
| 'Z'- Score analysis, Multinational pharmaceutical companies, Operating profit, Market value of equity | ||
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