Record Details

EVALUATING FINANCIAL HEALTH OF SELECTED INDIAN COMPANIES THROUGH Z SCORE MODEL

Sai Om Journal of Commerce & Management - National

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Field Value
 
Title EVALUATING FINANCIAL HEALTH OF SELECTED INDIAN COMPANIES THROUGH Z SCORE MODEL
 
Creator Mukherjee, Debanga
 
Subject Z Score; Bankruptcy; Financial Health; Distress Analysis; Indian Companies
 
Description Investors invest in a company after evaluating its financial performance. If the performance is volatile then it may affect adversely on the decision regarding investment of the investors. So this evaluation should be done very carefully and rationally. Investors go for financial analysis to judge financial performance. This analysis can be done by using various tools, such as-ratio analysis, decision theory etc. The result of analysis shows the present performances, but it cannot exhibit whether the company will have any chances of bankruptcy in near future or not. Z score is a financial tool which is used for bankruptcy prediction. It analyses financial data and the result of analysis categories a company in a zone according to its performance out of three zones; the zones are- bankruptcy, grey and safe / healthy. The aim of this paper is to judge the financial performance of selected Indian companies with the help of some selected ratios and to see whether the companies have probability of bankruptcy in near future or not.
 
Publisher Sai Om Publications
 
Contributor —
 
Date 2015-11-25
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://abhinavjournal.com/journal/index.php/ISSN-2347-7563/article/view/839
 
Source Sai Om Journal of Commerce & Management: A Peer Reviewed National Journal (Online ISSN 2347-7563); Vol 2, No 11 (2015): Sai Om Journal of Commerce & Management: A Peer Reviewed National Journal (Online ISSN 2347-7563); 10-14
2347- 7563
 
Language eng
 
Relation http://abhinavjournal.com/journal/index.php/ISSN-2347-7563/article/view/839/pdf_20
 
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