Financial performance analysis of mango pulp processing unit: A case analysis
Author(s): Kalaiarasi D, Dr. N Venkatesa Palanichamy and Dr. S Praveena
Company's financial position over the years is useful for decision making and which helps to alter the company in profit direction. The present study analysed the financial performance of Mango pulp processing unit located at Tamil Nadu. The company's financial performance has been thoroughly examined for a period of five years from 2014-2019. The data was collected from the secondary sources and published reports of the case firm.
From the results, it is evident that the case firm must maintain appropriate bank balance, cash at hand, and short-term investment in current assets in order to increase the good liquidity position. Lower total asset turnover ratio of the case firm indicates too much capital is tied up in assets and that asset is not being used efficiently in generating revenue. It is suggested that the case firm has to increase its profitability by managing its operating cost.
Kalaiarasi D, Dr. N Venkatesa Palanichamy and Dr. S Praveena. Financial performance analysis of mango pulp processing unit: A case analysis. The Pharma Innovation Journal. 2020; 9(12S): 41-44. DOI: 10.22271/tpi.2020.v9.i12Sa.5421