A Study On Financial Aspects of Beximco Pharmaceuticals Limited in Bangladesh
Keywords:Key Words: Dividend per share, Earning per share, Financial Performance, Liquidity, Profitability, Trend analysis.
AbstractThis research is conducted on financial aspects of Beximco Pharmaceuticals Ltd.. To cover the financial aspects, the Author has taken into consideration the financial trend and performance of this organization to analyze. Financial trend and performance analyses are the important weapons to measure the managerial skill in various dimensions of a company. Several relevant ratios from financial statement have been analyzed to evaluate the financial trend, performance and managerial skill. The Author’s thirst is to have the clarification on the ability of the firm to pay the short-term obligations, profit earning capacity, rapidity of converting different accounts into cash, debt-burden as well as the people’s confidence on the firm’s future performance. With a view to covering the thirst, evaluating the financial health of the company has been designed as the principal objective of the work. This is an exploratory research and chiefly secondary data based which are collected from audited annual reports of Beximco Pharmaceuticals Ltd. starting from 2015-16 to 2020-21. To have the better result from analyzing and interpreting the data, several ratios, statistical tools and percentages have been applied. This research is following the pharmaceutical industry particularly for “Beximco Pharmaceuticals Ltd.” Precise analysis of financial trend and performance of manufacturing sub-sector like pharmaceutical sub-sector shall help the policy makers to frame the policies. From the extraction of the work, it may be said that liquidity position and activity ratios are not so much favorable whereas the profitability, debt and market ratios are somehow up to the mark. From overall extraction of the work, it is concluded that Beximco Pharmaceuticals Ltd. is being operated with positive trend and with stable performance. Ultimately, this work confers to maximize sales and minimize fixed expenses and to be more cautious in maintaining operating expenses of the firm.
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