An Analysis of Financial Leverage Ratio of selected Automobile Business Industries in India – with reference to Descriptive statistics

Vol-3 | Issue-09 | September-2016 | Published Online: 05 September 2016    PDF ( 316 KB )
Author(s)
Prof. P. R. Halani 1; Dr. L. R. Chauhan 2

1Assistant professor, Shri M.P. Shah Commerce College, Surendranagar, Gujarat (India)

2Assistant professor, Shri M.P. Shah Municipal College of Commerce, Jamnagar, Gujarat (India)

Abstract

Sometimes financials leverage is termed as trading on equity. Most of the financial experts of the financial management express and their views that the term trading on equity should be used for the financial leverage only in situations when the financial leverage is favourable. But financial leverage may be favourable or unfavourable depending upon the earnings made by the automobile industry. The present research article for this purpose the automobile industries has to use fixed interest or dividend bearing securities exceeds the explicit cost and also the automobile industries has to pay for the employment of this funds or not. In this researcher used one way ANOVA and descriptive statistics for.

Keywords
one way ANOVA test, Descriptive statistics
Statistics
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