Abstract:
Bangladesh has seen brilliant commercial boom in its commercial quarter, with
authority’s companies and personal buyers targeting textiles and clothes. Bangladesh has been an important center for the development of local garb industry on the Asian continent because of its big availability of the bottom workforce, one of the most competitive energy costs and
proved song file in garb and exports. Bangladesh is properly placed to continue to be the
favorite place for international clothing majors for the supply of global clothing and finished
cloth in the context of a fast growth in labor salaries and raw fabric prices in other major nearby
partners, like China, India, Thailand and so on.
Description:
GREEN SMART SHIRT LIMITED is well positioned, I would say. The current ratio and fast
ratio are excellent. It shows that the company can pay short-term obligations. Green Smart Shirt
Limited's current assets against current liabilities were sufficient over the next 2 years. It also
shows that current assets could be somewhat connected. Compared to the industry, Green
Smart Shirt Limited was in a better position than the average industry.
Green Smart Shirt Limited's rapid ratio in 2014 was 0.73. It shows that Taka 0.73 quickly took
over the current liability of Taka 1 company. The table states that Green Smart Shirt Limited's
fast ratio has gradually increased, which represents a good sign to the company. Moreover,
based on the rapid ratio, Green Smart Shirt Limited has for the following years remained above
the industry average. Green Smart Shirt Limited's asset turnover ratio of 1,07 in 2016. It refers
to Taka 1.07 sales for every Taka invested in assets generated by GSSL. The ratio decreased
in 2016.
