Financial Performance of Telecom Industry in Sultanate of Oman

  • Nithya Ramachandran Associate Professor, Department of Business Studies, Ibra College of Technology, Sultanate of Oman
  • Abhijieet Sharad Kelkar Associate Professor, Faculty of Management, Symbiosis International University, Pune, India
Keywords: Keywords: Z score, financial performance, working capital, retained earnings, EBIT, market value.

Abstract

The aim of the study was to analyse the financial performance of telecom companies in Oman. Annual reports of two telecom companies were collected for seven years (2010-2016) and the financial statement data was analysed using Z score model. The results of the analysis shows that the performance of Omantel was better than Ooredoo. The present study is a fundamental analysis of telecom companies in Sultanate of Oman. The study can provide an idea for the investors in which company they can make investments to earn more returns. The parameters selected for analysis proves to be useful to an investor for his basic analysis of selecting portfolio of investment.

Keywords: Z score, financial performance, working capital, retained earnings, EBIT, market value.

Published
2019-01-31
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Issue
Vol 6 No 3 (2019)
Section
Articles

Copyright (c) 2019 Nithya Ramachandran, Abhijieet Sharad Kelkar


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