Chief Editors: Mr. Irshadullah Asim Mohammed, Dr. Yogesh Mohan Gosavi, and Prof. (Dr.) Vineeta Kaur Saluja
Associate Editor: Mrs. Sruthi S
Co-Editors: Dr. S. Rajeswari, Dr. Nikhil Saini, and Ms. Atreyee Banerjee
ISBN: 978-81-985805-1-1
Chapter: 52
Author: Dr. Sunita Hansraj Ambawade
DOI: https://doi.org/10.59646/mrnc52/321
Abstract
This study aims to evaluate the financial health and bankruptcy risk of Cipla Pharmaceutical Ltd. using the Altman Z-Score model. The research utilizes financial data from the past five years to assess profitability, liquidity, leverage, and efficiency ratios. The findings provide insights into Cipla’s financial stability and potential risks, helping stakeholders make informed decisions.
References
- Altman, E. I. (1968). Financial Ratios, Discriminant Analysis, and the Prediction of Corporate Bankruptcy. Journal of Finance.
- Beaver, W. H. (1966). Financial Ratios as Predictors of Failure. Journal of Accounting Research.
- Moyer, S. (1977). Forecasting Financial Failure. Financial Management.