UGC Approved Journal no 63975(19)

ISSN: 2349-5162 | ESTD Year : 2014
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Published in:

Volume 7 Issue 8
August-2020
eISSN: 2349-5162

UGC and ISSN approved 7.95 impact factor UGC Approved Journal no 63975

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Published Paper ID:
JETIR2008293


Registration ID:
300235

Page Number

2222-2229

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Title

The Relationship between Profitability and Asset management: A study on selected Indian Automobile Companies

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Abstract

The automobile sector occupies an important place in the fabric of Indian Economy. It is a leader in product and process technologies in the manufacturing sector. In this study, data of 7 companies which are taken from Indian Automobile Industries between the years 2014-2019, has been used. “Return on Capital Employed”(ROCE) has been used as indicators of company’s profitability(dependent variable) and fixed assets turnover ratio, inventory turnover ratio and debtors turnover ratio have been used as independent variable. Multiple regression analysis has been used in empirical analyses. The present study analyzes the relationship between profitability and asset management of automobile industry in India during the study period. The result of analysis indicates the ROCE has positive relationship with FATR, ITR and it has significant association while ROCE has insignificant negative relationship with DTR.

Key Words

Asset Management, Automobile Industries, Profit, Capital Employed

Cite This Article

"The Relationship between Profitability and Asset management: A study on selected Indian Automobile Companies", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 8, page no.2222-2229, August-2020, Available :http://www.jetir.org/papers/JETIR2008293.pdf

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2349-5162 | Impact Factor 7.95 Calculate by Google Scholar

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 7.95 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Cite This Article

"The Relationship between Profitability and Asset management: A study on selected Indian Automobile Companies", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 8, page no. pp2222-2229, August-2020, Available at : http://www.jetir.org/papers/JETIR2008293.pdf

Publication Details

Published Paper ID: JETIR2008293
Registration ID: 300235
Published In: Volume 7 | Issue 8 | Year August-2020
DOI (Digital Object Identifier):
Page No: 2222-2229
Country: karimganj, Assam, India .
Area: Commerce
ISSN Number: 2349-5162
Publisher: IJ Publication


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