Financial statement analysis of OPTCL, BBSR
International Journal of Development Research
Financial statement analysis of OPTCL, BBSR
Received 19th June, 2018; Received in revised form 26th July, 2018; Accepted 04th August, 2018; Published online 30th September, 2018
Copyright © 2018, Bikash Narayan Naik and Suman Mishra. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
This work dealt with the financial analysis of a company, OPTCL. The purpose of this thesis was to assess the financial situation of the company in the years between 2012 and 2017, by using various tools of financial statement analysis in order to recommend necessary precaution for company’s economic improvements. The whole work consisted of two parts: theoretical and analytical. The first part described importance and methods of financial statement analysis as well as its users. The second section contained basic information about the company and numerous financial analyzing tools as comparative statement analysis, trend analysis and ratio analysis. Based on the result of financial analysis, there are some proposed recommendations to improve the company’s financial situation.
