Abstract:
The financial position of the company depends on the adequate availability of the firms and proper utilization of the funds help the company to progress. Financial Analysis and Financial Statements are the two main tools which can help to plan the future availability and utilization of the firm. The present research report is based on the financial performance analysis of selected Cement companies with the help of Z-Score Model. The Z-Score Model was developed by Edward Altman in 1968. The researcher has used the model to analyze the financial soundness of the selected Cement Companies. Mainly Z-Score helps to analyze in which Zone the Company lies and allows to analyze the solvency status of the company. The present research is based considering the Secondary Data of the companies. The data had been collected from financial statements of the companies and from different websites like moneycontrol.com and rediffmoney.com. In present study the companies from Cement Industry have been considered by the researcher. The companies were selected by Lottery Method by the researcher and the companies considered in present research are Ultratech Cement and J.K. Cement. The researcher has used T- Test to analyze the values of Z-Score of the selected companies. The result shows the significant difference in the Z-Score values of the selected Companies.
