Liquidity analysis of selected logistic and transport companies of India

https://doi.org/10.53730/ijhs.v6nS1.6538

Authors

  • Giribala Lallubhai Parmar PhD Scholar, Department of Commerce, Sankalchand Patel University, Visnagar
  • Rajeshkumar G. Patel Department of Commerce, Smt.S.B Patel Institute of Business management, Visnagar

Keywords:

Working Capital, Short term, Solvency, Transport and Logistics Company, Business Environment, Liquidity

Abstract

Liquidity Management is gaining the serious attention in all over the world because of the current position of financial disorder and the business environment in the whole world economy. The promoters and managers are hired by the companies to make the suitable strategy for maintain the liquidity and increase the profitability position of the business. Liquidity is thought to maintain as well as it is the paying capacity of the business. It shows the ability of the business to survive. In this paper the comparative analysis for the liquidity position of 5 Transport and Logistic companies was done. The study covers the period of 10 years from 2010-11 to 2019-20. For this study the secondary data is used. The mean, standard deviation, coefficient of variation, ratio analysis and the ANOVA test techniques have been applied for analysing the data. This study may be the retiring plan to determine the liquidity management of the Transport and Logistic companies.

Downloads

Download data is not yet available.

References

Bhayani, S. J. (2004). Working Capital and Profitability Relationship (A Case Study of Gujarat Ambuja Cements Ltd.). SCMS Indian Management, April-June, 98–111.

Eljelly, A. M. A. (2004). Liquidity-profitability tradeoff: an empirical investigation in an emerging market. International Journal of Commerce and Management, 14(2), 48–62.

Ghosh, S. K., & Maji, S. G. (2003). Utlization of Current Assets and Operating Profitability: An Empirical Study on Cement and Tea Industries in India. Indian Journal of Accounting, IAA, 81–91.

Singh, J. P., & Pandey, S. (2008). Impact of Working Capital Management in the Profitability of Hindalco Industries Limited. ICFAI Journal of Financial Economics, 6(4).

Published

02-05-2022

How to Cite

Parmar, G. L., & Patel, R. G. (2022). Liquidity analysis of selected logistic and transport companies of India. International Journal of Health Sciences, 6(S1), 7129–7140. https://doi.org/10.53730/ijhs.v6nS1.6538

Issue

Section

Peer Review Articles