A STUDY ON MEASUREMENT OF RELATIONSHIP BETWEEN THE LIQUIDITY RATIOS AND PROFITABILITY OF THE SELECTED AUTOMOBILE COMPANIES IN INDIA

Authors

  • Dr. Anitaba Sukhdevsinh Gohil Assistant Professor Department of Commerce & Management Bhakta Kavi Narsinh Mehta University Junagadh

Keywords:

Liquidity, Profitability, ROCE, ROTA, CR, DPR, ROE, QR

Abstract

Liquidity is the prime issue for the any business concern and to manage liquidity is the crucial task for the financial manager. The present paper aims to examine the relationship between the various selected liquidity ratios and profitability of the selected Automobile Companies in India. for this purpose, the researcher has used 5 profitability ratios and 2 liquidity ratios. The result of the study revealed that ROCE, ROTA and CR has insignificant relationship with the profitability while DPR, ROE and QR significantly impact the profitability of the selected automobile companies in India.

References

I. India Brand Equity Foundation (IBEF). “Indian Auto Mobile Industry Analysis”, www.ibef.org. retrieved from https://www.ibef.org/industry/auto mobile-presentation.

II. Dr. S. S. Saravana et.al. “A Study on Liquidity Analysis of Selected Automobile Companies in India”, Indian Journal of Applied Research, ISSN- 2249-555X, Vol.4, Issue 2, Feb 2014, Pg.no.6-8.

III. Sinha & Singhvi, “Liquidity & Profitability Analysis of the Pharmaceutical Companies in India”, International Journal of Scientific Research and Management, ISSN (e)- 2321-3418, Vol. 5, Issue 8, August 2017, Pg. No. 6717-6724.

Websites:

I. www.marutisuzuki.com

II. www.tatamotors.com

III. www.heroautomobile.com

IV. www.tvsmotors.com

V. www.bajajauto.com

VI. www.moneycontrol.com

Additional Files

Published

15-06-2021

How to Cite

Dr. Anitaba Sukhdevsinh Gohil. (2021). A STUDY ON MEASUREMENT OF RELATIONSHIP BETWEEN THE LIQUIDITY RATIOS AND PROFITABILITY OF THE SELECTED AUTOMOBILE COMPANIES IN INDIA. International Education and Research Journal (IERJ), 7(6). Retrieved from https://ierj.in/journal/index.php/ierj/article/view/2312