Financial Performance Appraisal of Adidas Group
DOI:
https://doi.org/10.17010/ijrcm/2020/v7i4/157913Keywords:
Financial Performance, Liquidity Ratios, Solvency Ratios, Efficiency Ratios, Profitability Ratios.Abstract
The purpose of this study was to appraise the financial performance of Adidas during the year 2014 – 2018. Selected liquidity ratios, solvency ratios, profitability ratios, efficiency ratios, and statistical tools like t - test were used to appraise the data under consideration. The results largely suggested that overall financial performance of the company was satisfactory ; the only grey area was the liquidity ratios. The results also showed that there was significant difference in solvency position, overall efficiency, & profitability position of the company during the period under consideration. The results are based on data of last 5 years ending 2018 and only monetary information was considered. The prime objective of this investigation was to evaluate Adidas’s financial performance.Downloads
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