Use Of Financial Ratios To Measure The Performance Of Food Processing Industries Of Andhra Pradesh

Abstract

The goal of this article is to use financial ratios to assess the performance of food processing sub-sectors in Andhra Pradesh. The efficiency of an industrial unit is measured by its productivity. However, it also emphasizes that a firm that performs well should maintain good financial health. Profitability, Liquidity, Debt- servicing capacity, leverage, and working capital management efficiency of sub-sectors of the Food processing industry of Andhra Pradesh are measured. This empirical analysis considers the four digit-level of disaggregation ASI data over the study period 2008-09 to 2018-19. Finally, an attempt was made to identify them and group them into four different categories with similar characteristics.