Financial analysis and a course in reducing financial crises in medium industrial companies in the Republic of Yemen

Shaker Mohammed Ali Al-Kahtani 1, * and Syed azharuddin 2

1 Department of Business Administration, Faculty of Management Science, Albaydha University, Yemen.
2 Department of commerce, Dr. Babasaheb Ambedkar Marathwada University, India.
 
Review
International Journal of Science and Research Archive, 2023, 08(01), 236-248.
Article DOI: 10.30574/ijsra.2023.8.1.0018
Publication history: 
Received on 28 November 2022; revised on 08 January 2022; accepted on 11 January 2023
 
Abstract: 
The article's first section discusses how the corporation declined as a result of its subpar response to its financial instability. We concentrate on the approaching fall of the corporation in Yemen as well as a new legal definition of company decline. Companies can also reverse the drop by putting company crisis management into place and using both formal and informal methods to handle crises. The financial facets of corporate crisis management are covered next in relation to financial management. In the second section, we go into the methods and working methodology that were applied to the study of a particular sample of businesses. The statistics of testing reductions in a chosen sample of institutions are included in the application section of the paper, and we utilize financial analysis to show the decline of the sample of institutions. The study's findings and discussion help us identify the characteristics of the factors that contributed to the company's decline, and the study's conclusion offers suggestions for economic action in the area of the company's financial health with the main objective of preventing or delaying the company's decline with the fewest losses possible.
 
Keywords: 
Financial management; Financial ratios; Liquidity ratio; Profitability ratio; Financial crises
 
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