Hello, can anyone please help me in knowing what kind of ratio analysis is helpful in Media Company. Further, also provide me the ratios which are beneficial in analysing the Media Company's business.
Rohan (Accounts & Finance Execuitve) (68 Points)
27 November 2015Hello, can anyone please help me in knowing what kind of ratio analysis is helpful in Media Company. Further, also provide me the ratios which are beneficial in analysing the Media Company's business.
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 27 November 2015
All ratios are important for financial position.
you can't distinguish the company on some ratio basis
Rohan
(Accounts & Finance Execuitve)
(68 Points)
Replied 27 November 2015
I understand your point Piyush. However, just wanted to know that is there no ratio which has got more relevance considering the Media Business.
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 27 November 2015
Mainly, current ratio, debt turnover ratio, working capital ratio is relevant for every business on important basis