Liquidity Analysis of Selected Tyre Industries in India

ICIMP-2018 | SPECIAL ISSUE | SEP-2018 | Published Online: 03 October 2018    PDF ( 442 KB )
Author(s)
Dr. K. Suresh Babu 1; P.S. Deepa 2

1Research Supervisor, HOD, Deptt of Commerce, Sankara College of Science & Commerce Saravanampatti, Coimbatore (India)

2Research Scholar, Asst. Prof. – Commerce CA, Sankara ,College of Science & Commerce, Saravanampatti, Coimbatore (India)

Abstract

The accounting dates is analysed and interpreted meaningfully for effective planning and decision-making. Ratio analysis is the technique and methodology used to analysis and interpretation of financial statements. Liquidity means one’s ability to meet claims and obligations as and when they become due. In the context of a business, liquidity means its potential ability to meet its obligations. In other words, we can say this ratio tells how quickly a company can convert its current assets into cash so that it can pay off its liability on a timely basis. Generally, Liquidity and short-term solvency are used together. In this paper, we tried to evaluate the liquidity performance of selected tyre industries in India.

Keywords
Ratio analysis, Liquidity Ratio and Tyre Industries
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