Journal of Social Commerce
Vol. 4 No. 1 (2024): Journal of Social Commerce

Performance Evaluation through Value Added Ratios: A Case study of Ambuja Cement Ltd with Additive Method of Value Added

Chirodiya, Ashish Premjibhai (Unknown)



Article Info

Publish Date
17 May 2024

Abstract

This paper is a case study of Ambuja Cement Ltd for the performance evaluation. Ambuja Cement Ltd is one of the leading Cement manufacturer company in India. This study is based on 5 years of period started from 2017-18 to 2021-22. To analyze its performance, Value Added Ratios (VARs) are used. Value Added Ratios (VARs) are very important in the analysis of Value related data. Total five important ratios are used and for statistical analysis Chi-Square test is used to know whether performance of the company is consistent or not. Chi-Square – goodness of fit test is used with an assumption that performance of the company is consistent if actual data “fits” expected data. Value Added (with the help of Additive method) and Value-Added Ratios (VARs) shows that Ambuja Cement Ltd is consistent in most of its financial activity and sound in the financial performance.

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Journal Info

Abbrev

jommerce

Publisher

Subject

Economics, Econometrics & Finance

Description

Journal of Social Commerce with ISSN 2809-9303 (Online) and 2809-929X (Print) is an international journal published by Celebes Scholar pg. The Journal of Social Commerce aims at providing platform for scholars, researchers, practitioners, professors, and students to publish their literary work in ...