Ratio analysis which is a traditional tool is still most widely used for financial analysis. However, the usefulness of ratios depends on the intelligent and skillful interpretation.Conduct the ratio analysis for FlyIndia Airlines in terms of profitability, turnover, solvency and performance.
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total asset turnover ratio
The asset turnover ratio, also known as the total asset turnover ratio, measures the efficiency with which a company uses its assets to produce sales. In accounting, the terms "sales" and "revenue" can be, and often are, used interchangeably, to mean the same thing. Revenue does not necessarily mean cash received.
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