This paper is published in Volume-10, Issue-5, 2024
Area
Finance
Author
S Sreeja, Keerthana.S
Org/Univ
Nehru College of Management, Coimbatore, Tamil Nadu, India
Pub. Date
14 October, 2024
Paper ID
V10I5-1309
Publisher
Keywords
Balance Sheet, Comparative Statement, Ratios, Working Capital, Profitability.

Citationsacebook

IEEE
S Sreeja, Keerthana.S. A Study on Financial Performance and Working Capital in Yuvaraj Scaffolding Private Limited, Madurai., International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
S Sreeja, Keerthana.S (2024). A Study on Financial Performance and Working Capital in Yuvaraj Scaffolding Private Limited, Madurai.. International Journal of Advance Research, Ideas and Innovations in Technology, 10(5) www.IJARIIT.com.

MLA
S Sreeja, Keerthana.S. "A Study on Financial Performance and Working Capital in Yuvaraj Scaffolding Private Limited, Madurai.." International Journal of Advance Research, Ideas and Innovations in Technology 10.5 (2024). www.IJARIIT.com.

Abstract

Working capital is considered to be the life force of an economic entity and it's efficient management decides the tradeoff between liquidity and profitability. The words of H. G. Guthmann clearly explain the importance of working capital. "Working Capital is the life-blood and nerve center of the business." In the words of Walker, "A firm's profitability is determined in part by the way its working capital is managed." The object of working capital management is to manage firm's current assets and liabilities in such a way that a satisfactory level of working capital is maintained. If the firm cannot maintain a satisfactory level of working capital, it is likely to become insolvent and may even be forced into bankruptcy. Thus, need for working capital to run day-to-day business activities smoothly can't be overemphasized. So, in this perspective, the present study is undertaken to examine and evaluate the working capital management of Yuvaraj scaffolding private limited Limited by adopting Ratio Analysis.