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

Dr. Anitaba Sukhdevsinh Gohil

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.

Keywords


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

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References


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

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.

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:

www.marutisuzuki.com

www.tatamotors.com

www.heroautomobile.com

www.tvsmotors.com

www.bajajauto.com

www.moneycontrol.com


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