ANALYZING FINANCIAL SOUDNESS OF TATA COMMUNICATIONS
Authors/Creators
- 1. Student, Department of Commerce, Loyola College, Chennai, Tamil Nadu, India.
- 2. Assistant Professor, Department of Commerce, Loyola College, Chennai, Tamil Nadu, India.
Description
The analysisof a companys financial situation or its financial soundness represents one of the main problemswithin organizations. The risk of Bankruptcy has determined many financial analysts to develop analytical models in order to eliminate or minimize this risk. Financial ratio analysis is considered as a process of reviewing the financial position of the company. Ratio analysis is extensively used by firms as a technique to forecast the financial soundness of the company to build future growth. This study aims at analysing the financial performance of Tata communications by using financial ratios as a tool. The primary objective of this study is to evaluate the performance of Tata Communications during the last decade. The reference period taken for study is 5 years starting from 2017 to 2021.
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