Comparative Appraisal of Return on Net worth Ratio of Companies.
- Assistant Professor, Tirpude Institute of Management Education, Nagpur.
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Abstract
The study examines the return on Net worth ratio of five leading Indian automobile companies for the past ten years. It is one of the important ratios to measure the overall efficiency of a firm. The ratio is of great importance to the present/prospective share holders and management of the company. It reveals how well the resources of the frim are being used. Higher ration implies higher returns on the amount of capital invested in a company.
Study aims to evaluate the performance of top five Indian automobile companies on the parameter of ?return on net worth? of the company. Results obtained are further analysed through statistical techniques for arriving at conclusions.
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How to Cite This Article
Rakhi Sharma. (2016); Comparative Appraisal of Return on Net worth Ratio of Companies., Int. J. of Adv. Res., 4 (03), 779-781, ISSN 2320-5407.
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