期刊名称：IMPACT : International Journal of Research in Business Management
印刷版ISSN：2347-4572
电子版ISSN：2321-886X
出版年度：2015
卷号：3
期号：5
页码：31-42
语种：English
出版社：IMPACT Journals
摘要：Liquidity is one of the most important desired goals of an organization. The importance of adequate liquidity in the sense of the ability of an enterprise to meet current/short term obligations when they become due for payment can hardly be over-stressed. In fact, liquidity is a pre-requisite for the very survival of an enterprise. The short-term creditors of the firm are interested in the short-term solvency or liquidity of a firm. But, liquidity implies from the view point of utilization of the funds of the firm that funds are idle or they earn very little. A proper balance between the two contradictory requirements, i.e. liquidity and profitability, is required for efficient working capital management. So in this perspective, the present study is undertaken to examine and evaluate the liquidity management of select cement companies of Andhra Pradesh. In our case, Motaal’s Ultimate Rank Test shows that the liquidity position of Deccan Cements is sounder as compared to other companies.
