Harsheen Gill

Abstract

Medical services is at a significant junction in that ongoing models of care are progressively seen by legislators and policymakers as impractical. More noteworthy utilization of health information technology (HIT) is seen by many key chiefs as critical to this change cycle and, thus, significant ventures are made around here. In any case, medical care, especially in clinics, stays a slouch in health information technology (HIT) reception. To uncover the basic reasons, we talk about current execution and reception challenges and investigate likely ways of tending to these. We frame vital, hierarchical, specialized and social factors that can ’represent the moment of truth’ mechanical executions. Above all, we recommend that endeavors ought to be described by a fundamental consciousness of the intricacy of the clinic climate and the need to foster instruments that help arrangement of coordinated multidisciplinary care. We finish up with a conversation of promising future turns of events, including expanded patient inclusion; access and commitment to shared records; the entrance of brilliant gadgets; more noteworthy wellbeing data trade and interoperability; and creative continuous optional purposes of information. Keywords: Health, informatics, Health & technology.

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Abstract

The ultimate aim of working capital management is to enable a firm to maximize profits from its operations and to maintain enough liquidity at the same time. As liquidity and profitability are inversely related to each other, hence increasing profitability would tend to reduce firms’ liquidity and too much attention on liquidity would tend to affect the profitability. Though every firm tries to maximize the profitability by preserving the liquidity but, increasing profits at the cost of liquidity might cause serious trouble to the firm and this problem might lead to financial insolvency as well. Thus an effective balance between liquidity and profitability is very much required to achieve both of the objectives of every firm, i.e. liquidity and profitability. To increase profit, a firm need to forgo liquidity which might damage the firm’s goodwill, deteriorate firm’s credit standings and that might lead to forced liquidation of firm’s assets and excessive liquidity on the other hand indicates the accumulation of idle funds that don’t fetch any profits for the firm. Hence a study is very much required to understand how firms earn profit without compromising the liquidity. This study is an attempt to establish the relationship between the liquidity and profitability of top ten Indian cement companies. The data has been analyzed using Spearman's Rank Coefficient of Correlation and it is found that both liquidity and profitability is negatively correlated which confirms the theoretical viewpoint. Keywords: Cement Industry, Spearman's Rank Correlation, Liquidity, Profitability, Bankruptcy

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Abstract

Liquidity is important to the efficient running of any business. Maintaining liquidity on a daily basis is a critical part of managing working capital to guarantee that the company works effectively and achieves its obligations.Efforts to boost profitability, on the other hand, are likely to lower businesses' liquidity, and a focus on liquidity may have an adverse effect on profitability. The study's major goal was to determine if organizations can make a profit while retaining essential liquidity, or whether they are willing to compromise liquidity to make a bigger profit. The data has been analyzed using Motaal's Liquidity Assessment Test and Spearman's Rank Coefficient of Correlation. This study makes an attempt to examine the link between the sample businesses' liquidity and profitability, as well as the possibility of bankruptcy. Among the ten selected cement companies, UltraTech Cement, Shree Cement, Ambuja Cement, ACC, J.K. Cement, Ramco, Birla Corporation, JK Lakshmi, Rain Industries, and India Cement, UltraTech Cement, Shree Cement, Ambuja Cement, ACC, J.K. Cement, Ramco, Birla Corporation, JK Lakshmi, Rain Industries, India Cement and UltraTech.  Shree Cement, according to Motaal's liquidity test, has the best liquidity status. Keywords: Cement Industry, Motaal’s Rank Test, Liquidity, Profitability, Bankruptcy

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