FINANCIAL RATIOS AND ANALYSIS OF TATA MOTORS
The paper investigates the financial health of Tata Motors in comparison with the Maruti Suzuki, Ashok Leyland, and SML Isuzu & Force motors for the period 2006-2016 on the aggregate market level data. Debt to total assets is approx. 60-70% which is above the average. Debt to equity ratio is mov...
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Veröffentlicht in: | EPRA International Journal of Economic and Business Review 2020-10, p.17-31 |
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Hauptverfasser: | , |
Format: | Artikel |
Sprache: | eng |
Online-Zugang: | Volltext |
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Zusammenfassung: | The paper investigates the financial health of Tata Motors in comparison with the Maruti Suzuki, Ashok Leyland, and SML Isuzu & Force motors for the period 2006-2016 on the aggregate market level data. Debt to total assets is approx. 60-70% which is above the average. Debt to equity ratio is moving between 1.5 to 2.2 which is bad for any company. In the case of the liquidity ratios which are very low relatively to industry. Further, earning per share, price to earning ratio, earning power & market value to book value all these ratios are below and its moving around zero. Overall Tata motors financial ratios indicates that its financial conditions are under performance.
KEYWORDS: Tata Motors; Financial Ratios |
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ISSN: | 2349-0187 2347-9671 |
DOI: | 10.36713/epra5462 |