• Prof. Dr.S.C.Bardia
• Dr. Yagyadeep Shrimali

In business, economics or investment, point of view liquidity is an asset's ability to be sold without causing a significant movement in the price and with minimum loss of value. Money, or cash in hand, is the most liquid asset and can be used immediately to perform economic actions like buying, selling, or paying debts and taking care of immediate wants and needs. Liquidity is considered as the backbone of any organization. The proper assessment of liquidity is crucially important for any business concern because it helps in forecasting the future behavior. The present study focuses on investigation of the liquidity position of selected petroleum companies with the help of liquidity ratios for the time span from2009-10 to 2015-16.Analysis of variance and student’s t test are used to analyses and to explicate the importance of difference between actual and estimated values at 5 per cent level of significance. It also provides valuable and relevant suggestions to enhance.

Liquidity, Ratios, Liquid Assets, Current Ratio, Quick Ratio, Absolute Liquidity Ratio.

"An Emperical Study on Liquidity Position of Selected Petroleum Companies", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.5, Issue 2, page no.712-725, February-2018, Available :http://www.jetir.org/papers/JETIR1802122.pdf

"An Emperical Study on Liquidity Position of Selected Petroleum Companies", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.5, Issue 2, page no. pp712-725, February-2018, Available at : http://www.jetir.org/papers/JETIR1802122.pdf