文章基本信息

标题：A study on the financial soundness of Indian automobile industries using Altman Z-Score
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作者：M. M. Swalih ; K.B. Adarsh ; M.M. Sulphey 等
期刊名称：Accounting
印刷版ISSN：2369-7393
电子版ISSN：2369-7407
出版年度：2020
卷号：7
期号：2
页码：295-298
DOI：10.5267/j.ac.2020.12.001
出版社：Growing Science
摘要：Altman Z score is an effective tool for measuring a company's financial strength and the possibility of bankruptcy. In this study, the Z score formula was utilized to measure the Indian automobile industry's financial soundness. The financial data of ten automobile companies listed in the National Stoke Exchange (NSE) was taken to analyze both original and emerging market formulae of the Altman Z score. Results suggest that companies of the industry listed in the NSE are financially sound. The study concluded that the Indian automobile industry is sound and robust, and the automobile companies are not prone to financial distress or bankruptcy in the near future.
关键词：Altman Z score; Automobile Industry; Financial Soundness; Bankruptcy