A Study on Financial Performance Analysis of Fine Tech Enterprises at Chennai

Abstract

Due to globalization and other aspects, at this time period the market has become very competitive. It becomes essential to evaluate the financial performance of the firm to know and understand what the strengths and weaknesses of the firm are. Knowing that clearly will allow the management to make appropriate decisions as to the firm’s improvement in future. The primary objective is to identify the financial strength and weakness of the firm by studying the liquidity, solvency and profitability. Secondary data is used for this study. Tools used in this study include ratio analysis and trend analysis. Through this analysis, researcher aims to analyze liquidity and solvency position of the firm, financial strength of the firm and financial growth of the firm. This study also helps to identify the weakness of the firm so decisions can be made for improvisation.