ISBN 9788172245214,Understanding Financial Ratios In Business

Understanding Financial Ratios In Business


Raghu Palat



Jaico Publishing House

Publication Year 1996

ISBN 9788172245214

ISBN-10 8172245211


Number of Pages 120 Pages
Language (English)


Financial statements cannot be intelligently analyzed without ratio analysis. They: -- Assist in analyzing the performance of the company and comparing the performance with that of other similar companies; -- Highlight the relative strengths and weaknesses of a company - whether it is profitable, financially sound or in a state of decline; -- Help in determining whether the company has earned sufficiently on the funds invested and its debt servicing ability; -- Enable the forecasting of future performance. This book written for businessmen, financial managers, investors and students has been published in England and in India. In this completely revised reprint, Raghu Palat explains the magic of ratio analysis clearly and lucidly in non technical language with several examples. This book is recommended reading in several universities in the United States and in India and has been hailed as a "must read" and "a boon for financial analysis" by the Financial Press.