Title: CURRENT RATIO ANALYSIS OF MAJOR STEEL
INDUSTRIES IN INDIA
Authors: Dr. Vineet Singh
, Nand Kishor Bhardwaj
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Dr. Vineet Singh1
, Nand Kishor Bhardwaj2
1. Assistant Professor, Department of Commerce, Guru Ghasidas Vishwavidyalaya, Bilaspur, C.G., India
2. Research Scholar, Department of Commerce, Guru Ghasidas Vishwavidyalaya, Bilaspur, C.G., India
MLA 8 Singh, Dr. Vineet, and Nand Kishor Bhardwaj. "CURRENT RATIO ANALYSIS OF MAJOR STEEL INDUSTRIES IN INDIA." Int. j. of Social Science and Economic Research, vol. 3, no. 6, June 2018, pp. 2783-2793, ijsser.org/more2018.php?id=189. Accessed 2018.
APA Singh, D., & Bhardwaj, N. (2018, June). CURRENT RATIO ANALYSIS OF MAJOR STEEL INDUSTRIES IN INDIA. Int. j. of Social Science and Economic Research, 3(6), 2783-2793.
Chicago Singh, Dr. Vineet, and Nand Kishor Bhardwaj. "CURRENT RATIO ANALYSIS OF MAJOR STEEL INDUSTRIES IN INDIA." Int. j. of Social Science and Economic Research 3, no. 6 (June 2018), 2783-2793. Accessed , 2018.
Abstract: Current ratio is an important liquidity ratio which measures ability of an enterprise to pay off its
current liabilities in time. An ideal current ratio is considered to be 2:1 and is calculated by
dividing total current assets with total current liabilities of a firm. Current ratio of more than 2:1
indicates two facts about a firm. Firstly, the firm will not face any difficulty in paying off its
current liabilities and secondly, the firm's current assets are laying ideal which do not earn any
return. Current ratio of less than 2:1 indicates the fact that a firm will face difficulty in paying off
its current liabilities in time. This paper is an attempt to analyse current ratio of Tata Steel Ltd.
and JSW Steel Ltd. from 2007-08 to 2016-17.
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