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Article Name : | | A FINANCIAL PERFORMANCE ANALYSIS OF RANBAXY USING ALTMAN'S Z SCORE MODEL | Author Name : | | Mohammed Khursid | Publisher : | | Ashok Yakkaldevi | Article Series No. : | | GRT-4178 | Article URL : | | | Author Profile View PDF In browser | Abstract : | | Financial performance analysis is a tool to estimate the financial position and also the strengthand weakness of the company's management. These analysis are useful to increase the credibility of thecompany. The present study discusses financial performance of Ranbaxy for the period prior and post to the merger between Ranbaxy and Daiichi Sankyo Co. Ltd for ten years (2003 to 2012). The goal of this analysis is to determine the efficiency and performance of firm's management, as reflected in the financial recordsand reports. The main reasons for financial performance analysis are to know i) Financial distress ii) Theextent of the company's leverage iii) Efficiency in generating profits iv) The solvency v) The ability in handling competition. This paper extends on the well-known Altman Z-score model presented by Altman (1968).naltrexone information go vivitrol uk | Keywords : | | |
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