Financial Soundness of Selected Indian Automobile Companies using Altman Z Score Model

The Research Paper describes about the Altman Z Score model which is applied in selected Indian Automobile Industries. Through this researcher can identify whether the company is in bankruptcy stage. Through this researchers studied about the financial soundness of the companies. Researchers used the secondary data for analysis of companies. Researcher made study for past five years (2011-2015). Terms used in the report for calculating data are working capital, total assets, earnings before interest and taxes, retained earnings, market capitalization and total sales of the companies. Through the major findings researcher expresses that all companies are in bankruptcy. Thus researcher concludes that companies are in safer zones and not in danger zone.