A Critical Analysis on Monetary Potency with special reference to ELGI Equipments ltd, Coimbatore

J.Shanmugan, Skyline University College, Sharjah, UAE
C. Shivashanmugam, Sri Vasavi College, Erode dt TN, India
Chandra Bardai Bhatt, Skyline University College, Sharjah, UAE
Abstract

Financial strength of any organization leads to various development opportunities in the business field. The agro-equipment industry gains lots of momentum after the proclamation from the International Monetary Fund and World Trading Organizations, stating that food scarcity is the core problem for many countries in due course of time. The compressor manufacturing industry had a derived demand from food industry and need to be stronger to meet the challenges ahead. Hence the present study is to analyze the monetary potency of Elgi equipments with some significant models deployed i.e. Altman Z-Score (Mul- tiple Discriminant Model).Based on the outcomes necessary suggestions were given to improve the standard of the organiza- tion.

Keywords: Financial strength, Agro-equipment, Altman Z score

Suggested citation: Shanmugan J. et al. (2010) A Critical Analysis on Monetary Potency with special reference to ELGI Equipments ltd, Coimbatore.  Skyline Business Journal, Volume 6, No 1, pp 42-47.

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Suggested citation

Shanmugan J. et al. (2010) A Critical Analysis on Monetary Potency with special reference to ELGI Equipments ltd, Coimbatore.  Skyline Business Journal, Volume 6, No 1, pp 42-47.