A STUDY ON LIQUIDITY AND PROFITABILITY ANALYSIS IN SELECTED AUTOMOBILE INDUSTRY
Finance is regarded as the lifeblood of every commercial enterprise. Financial statements allow any corporate organization to evaluate its financial performance. One of the most crucial factors for stakeholders is the company's financial stability.
To maintain their devotion to the firm, they must be aware of whether the company will perform better in the future. Financial health measurement's main objective is to demonstrate that the company is profitable and not in immediate risk of going out of business. Evaluating the financial success of each corporate organization is crucial in the modern world.
In the modern day, it is difficult to envision a world without finance. Finance has occasionally been used to refer to the "essence" of our economic activities. Because it lowers operating expenses and boosts profitability. A key component of efficient business management is cost control. To increase an asset's output, frequent maintenance is required. A business is expected to settle its debts on time. The value, return on assets, and investment return these outcomes are encouraged by the activity's addition, etc.