Financial Performance Analysis of Geeta Apparels Limited

Abstract

Geeta Apparels Limited has established since in 2000. This company worked as a third party in an early time. In primary stage the company bought fabrics from various companies and sold to others companies. During 2005 they started their production in their own factory, as they started to manufacture different kinds of fabrics. Basically this report focused on last five years’ financial data. Therefore, ratios such as capital adequacy, leverage ratio, percentage of classified loans, net profit margin, earning per share, return on equity etc. are used to determine its performance. After analyzing the overall study it can be revealed that, ROE of Geeta Apparels Limited has a decreasing trend, on the other side its ROA has an increased trend in each year. This means that Geeta Apparels Limited is capable to use its assets more efficiently than its earnings. Moreover, Geeta Apparels Limited is using own fund for making new policies which reduce the cost of total assets at the same time It increases the operating expenses. Now a day’s whole of the economic sector in Bangladesh going through insufficient funds. For this Geeta Apparels Limited also has some problem to face. And it is trying to overcome these situations by taking new initiatives. It’s my belief that Geeta Apparels Limited will keep a crucial role in developing Bangladesh economy to build up in Digital Bangladesh project in near future as like before.