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A Study on Measuring the Financial Health of BHEL, Ranipet Using Z Score Model

Journal of Commerce and Accounting Research

Volume 1 Issue 4

Published: 2012
Author(s) Name: S. Poongavanam, Suresh Babu | Author(s) Affiliation: *HOD, MBA, Ranippettai Engineering College, Vellore, Tamilnadu; **MBA Student(2nd year)
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Financial health of the company is foremost important in the global competition. If the company fails to maintain the financial position in long run it cannot survive in the market. This paper analyzes the financial health of the company with the help of Z score model. Sever studies has shows that Altman model has predicted the business failures in time, it will be very helpful for the management to take corrective action.

Keywords: Altman, Working Capital, Retained Earnings, Total Assets, EBIT.

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