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Financial Liquidity Variance Analysis of Select Steel Companies in India

Received: 8 September 2016     Accepted: 6 January 2017     Published: 1 February 2017
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Abstract

To fulfill of the daily needs of company, management should think seriously about Liquidity position. Working Capital help to which a business remains in working on its operation. Liquidity position remains important for any business. The role of working capital in business is similar to that the heart in the human body. Funds are the life blood of business operation. Liquidity are rotated to various business activities through proper working capital management and any difficulty in the smooth flow of funds which may causes serious problem in business operations. Financial liquidity variance analysis of select steel companies in India is analysed and it concludes that the financial liquidity management occupies an significant place in financial management. The companies belong to same industry maintain different position of financial liquidity level and they have never received so much attention as in recent years.

Published in International Journal of Economic Behavior and Organization (Volume 4, Issue 5)
DOI 10.11648/j.ijebo.20160405.11
Page(s) 40-44
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2017. Published by Science Publishing Group

Keywords

Liquididty, Working Capital, Current Assets, Current Liability, Cash, Operation

References
[1] Abdul Raheman. (2007). Working Capital Management & Profitability – Case of Pakistan Firms. International Review of Business Research, 3 (2), 275-296.
[2] Shin & Soenen. (1998). Efficiency of Working Capital & Corporate Profitability. Finance India. 8 (2), 37-45.
[3] Samiloglu, F. & Demirgunes, K. (2008). The Effect of Working Capital Management on firm Profitability: Evidence from Turkey. The International Journal of Applied Economics & Finance, 2 (1), 44–50.
[4] Sasikala, D. (2012). Dr. Reddy’s Liquidity Management & Trade off between Liquidity, Risk & Profitability: An Empirical Study. Indian Journal of Finance, (2), 24-31.
[5] Bhaskar Bagchi, Jayanta Chakrabarti & Piyal Basu Roy, (2012). Influence of Working Capital Management on Profitability: A Study on Indian FMCG Companies. International Journal of Business & Management, 7 (22), 1-10.
[6] Krishnamoorthi. M, Ramesh. M (2012) “the solvency analysis of selected steel companies in india – an empirical study” asian journal of research in business economics & management 2 (6), 161-179.
[7] Krishnamoorthi. M. Ramesh. M (2012) “long term solvency (leverage) analysis of selected steel companies in india - an empirical study” international journal of management research and review, 2 (4), pp 525-538.
[8] Krishnamoorthi. M (2016) “Forecast Of Liquidity Position Of Select Steel Companies In India” International Journal of Arts, Science & Commerce 7 (2) (2), pp 154-160.
[9] Krishnamoorthi. M (2016) “Impact Of Liquidity, Turnover And Profitability On Dividend Payment Of Select Steel Companies In India” Asian Journal of Research in Social Sciences and Humanities 6 (7) pp. 1176-1188.
[10] Krishnamoorthi. M. Ramesh. M (2015) “A Study On The Liquidity Growth Analysis Of Selected Steel Companies In India” international journal of management and technologies, special issue, pp 221-225.
[11] www.nseindia.com.
[12] www.bseindia.com.
[13] www.moneycontrol.com.
[14] www.tatasteel.com.
[15] www.sail.co.in.
[16] www.jsw.in.
[17] www.visasteel.com.
[18] www.bhushan-group.org.
[19] www.jindalsteelpower.com.
Cite This Article
  • APA Style

    M. Krishnamoorthi. (2017). Financial Liquidity Variance Analysis of Select Steel Companies in India. International Journal of Economic Behavior and Organization, 4(5), 40-44. https://doi.org/10.11648/j.ijebo.20160405.11

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    ACS Style

    M. Krishnamoorthi. Financial Liquidity Variance Analysis of Select Steel Companies in India. Int. J. Econ. Behav. Organ. 2017, 4(5), 40-44. doi: 10.11648/j.ijebo.20160405.11

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    AMA Style

    M. Krishnamoorthi. Financial Liquidity Variance Analysis of Select Steel Companies in India. Int J Econ Behav Organ. 2017;4(5):40-44. doi: 10.11648/j.ijebo.20160405.11

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  • @article{10.11648/j.ijebo.20160405.11,
      author = {M. Krishnamoorthi},
      title = {Financial Liquidity Variance Analysis of Select Steel Companies in India},
      journal = {International Journal of Economic Behavior and Organization},
      volume = {4},
      number = {5},
      pages = {40-44},
      doi = {10.11648/j.ijebo.20160405.11},
      url = {https://doi.org/10.11648/j.ijebo.20160405.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijebo.20160405.11},
      abstract = {To fulfill of the daily needs of company, management should think seriously about Liquidity position. Working Capital help to which a business remains in working on its operation. Liquidity position remains important for any business. The role of working capital in business is similar to that the heart in the human body. Funds are the life blood of business operation. Liquidity are rotated to various business activities through proper working capital management and any difficulty in the smooth flow of funds which may causes serious problem in business operations. Financial liquidity variance analysis of select steel companies in India is analysed and it concludes that the financial liquidity management occupies an significant place in financial management. The companies belong to same industry maintain different position of financial liquidity level and they have never received so much attention as in recent years.},
     year = {2017}
    }
    

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    AB  - To fulfill of the daily needs of company, management should think seriously about Liquidity position. Working Capital help to which a business remains in working on its operation. Liquidity position remains important for any business. The role of working capital in business is similar to that the heart in the human body. Funds are the life blood of business operation. Liquidity are rotated to various business activities through proper working capital management and any difficulty in the smooth flow of funds which may causes serious problem in business operations. Financial liquidity variance analysis of select steel companies in India is analysed and it concludes that the financial liquidity management occupies an significant place in financial management. The companies belong to same industry maintain different position of financial liquidity level and they have never received so much attention as in recent years.
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    ER  - 

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Author Information
  • Department of Management Studies, Priyadarshini Engineering College, Vaniyambadi, India

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