FINDINGS OF THE STUDY

1.

The

gross profit margin has

shown in a increasing trend as -33, 24, 33, 35 and 36 from

2014 to 2108 which indicates a continuous increase in both
gross profit and sales.
2.

The
fluctuation

manner.

It

increased

net

profit

in

the

ratio

is

current

in

year

compared with the previous year from -89 to 2.and then

from 2016 to 2018 it was 15%, 14%, 16%.
3.

The
employed or ROCE
throughout

the

ratio
period

Return

on

capital

is also in a fluctuating trend

2014

18

resulting

as

-76,13,37,31,33%. panama appears to be making better use

of its capital relative to Target from 3 rd yr.
4.

The return on equity ratio or

ROE is increased form 2014 16 (-143% ,9%, and 70%) and
decreased in 2017 and 2018 (47%, and 42%). In the first
year the Return on Equity is negative because of the Net loss
which we are incurring. The Return on equity starts
improving once the machine is free to be used for other
projects as well.

5.

The profit before tax ratio is

increasing gradually from 20014 18 as

-89%, 2%, 15%, 20%, 24%. It shows that the current assets
are increased than fixed assets.
6.

The

EBITDA

ratio

is

in

increasing trend from the year 2014 18

(-82%, 13%, 25%, 28% and 30% ).
7.

The DEBT-TO-EQUITY RATIO is

in fluctuation manner 0.88, 2.42, 1.09% ,0.53%,and 0.25%.
2014-15 was the moratorium period for the company. The 2 nd
year the debt equity ratio is highest because in 2015-16,
secound loan was taken & 1st and 2nd loan repayment &
interest started in this period so the D/E RATIO is highest in
2nd yr.

CONCLUSION
The companys overall position is at a good position. Even though there are
losses in 1st yr there is a constant growth. Particularly from 2015 position is
well due to raise in the profit level from the last year position.
(loan should be approved as it is a new project and in agriculture sector.so
chance should be given to prove)