Dalmia Cement Essay
INTRODUCTION
Dalmia cement was founded by Jaidayal dalmia in 1935 .
Dalmia cement is one of the leading cement manufacturing company since 1939. Although the cement manufacturing company in India is getting more and more competitive dalmia cement is only growin over time. Dalmia cement has its manufacturing plant in Tamilnadu and Andhra Pradesh which has capacity to produce about nine million tonnes every year. Dalmia cement is a multi spectrum company having a double digit market share. Its current producing is 17 million tonnes and it is ranked 4th in cement industry in India. Apart from all this what makes dalmia cement a unique cement manufacturer is their constant ability of innovation.
The cement plants are located near the source of
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Manipulation of account can be done in order to hide some unknown facts and present the statement in a more better way. So it doesn’t indicate whether it is a good or bad management.
Types and classification of ratios
Accounting ratios are classified into four main categories –
1) Liquidity ratios – liquidity ratios are the ones which shows the ability of the enterprise in meeting their short term financial requirements. Liquidity ratios are of two types current ratio and quick ratio.
2) Turnover ratio – turnover ratios show the efficiency of the company in using the assets to generate sales. Turnover ratios include, stock turnover ratio, debtors turnover ratio, creditors turnover ratios and working capital turnover ratios.
3) Solvency ratios – these are the ratios which judge the long term financial position of the company. It means the firms capacity to meet its long term liabilities. Solvency ratios include debt to equity ratio, total assets to debt ratio, proprietary ratio and interest coverage ratio.
4) Profitability ratios – profitability ratio is calculated in order to measure the profitability of the firm. It includes gross profit ratio, operating profit ratios, operating ratio, net profit ratio and return on
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