FINANCIAL RATIOS AS MEASURE Of CORPORATE PERFORMANCE

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Date
1990
Authors
SAMAILA, ALHAJI ABDULLAHI
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Abstract
ABSTRACT Financial Ratios as measures of corporate performance and profitability is to determine how financial ratio analysis as an analytical tool can be used in analysing and evaluating the performance as well as the profitability of selected banks with a particular reference to commercial banks during the period under review 1993 to 1997. The ability to resolve and predict performance and profitability is very important to any business either in public or private sector. Measuring performance of banks is useful and important to the management, investors, shareholders, creditors, government and workers in order to take preventive measures, such as changing operation policies and reorganising the financial structure. The study will cover only the major four areas of ratio Analysis, that is, Liquidity ratios, activity ratios, leverage ratios and profitability ratios. (1) Liquid ratio: This measures the banks ability to meat it's maturing short term obligations. (2) Activity ratio: Measures how effectively the banks employs the resources at it's disposal. The activity ratio presumes that a proper balance should exist between gross earnings and various assets accounts i.e. stocks, trades,debts and fixed assets. (3) Leverage ratio- This measures the debt position of the commercial banks indicating the amount other people's money that is being used in attempting to generate profit. (4) Profitability ratio- Measures the relationship between a banks total earning and it's assets or it's Equity...Attention is centred around the banks profitability, since in order to stay in existence it must be profitable. Ratios analysis can be used to identify financial strengths and weaknesses of a bank, by properly determining and establishing relationship between the items of the balance sheet and the profit and loss accounts.
Description
IN PARTIAL FULFILLMENT FOR THE AWARD OF DEGREE OF MASTERS IN BUSINESS ADMINISTRATION (M.B.A)
Keywords
FINANCIAL,, RATIOS,, MEASURE,, CORPORATE,, PERFORMANCE,, PROFITABILITY.
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