1. A study on Rashtriya Ispat Nigam Ltd. privatization and its impact in Andhra Pradesh India.
- Author
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Madhav, Venu, Prasanth, B., and Yeswanth, P.
- Subjects
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FINANCIAL performance , *FINANCIAL ratios , *RATE of return , *RETURNS on sales , *PROFIT margins - Abstract
In this paper I have implemented certain ratios to find out the company's financial ability to acquire assets, clear debt, decrease liabilities. Many a time's research papers have analyzed the financial performance on basis of their profits and gross margins etc. But in this paper, I have extended to the step of establishing the ratios to compare the financial standings of RINL in a span of decade. The ratios are namely-Quick ratio, D/E ratio, Profit margin ratio, operating margin ratio, WC ratio, Debt ratio, Inventory turnover ratio, total asset turnover ratio, acid-test ratio, solvency ratio, return on equity ratio. Moreover, the company has not performed well since a decade. Inspire of earning profits, its expenses have increased like anything due to which it ran into losses. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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