Journal of Commerce and Accounting Research

2012 | Volume 1 | Issue Issue 4

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

1. S. Poongavanam – *hod, Mba, Ranippettai Engineering College, Vellore, Tamilnadu

2. Suresh Babu – **mba Student(2nd Year)

Received
24-Dec-2012 		Accepted
- 		Published
24-Dec-2012
Abstract
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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