Business, Management and Accounting
7 years ago

Tata Steel Ltd. efficiently finances fixed assets, paving the way for growth.

Asian Journal of Social Science Studies
Financing Pattern and Utilization of Fixed Assets - A Study
Pradip Kumar Das

Paper Summary

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Fixed assets are important assets that businesses use for their operations. Managing these assets well is crucial for a company's success. A study on Tata Steel Ltd. looked at how the company financed and used its fixed assets from 2011 to 2016. The study found that the company had enough funds from owners and long-term sources to cover its fixed assets and some current assets. However, the company's growth in assets compared to sales was not very fast. Also, the company's provision for depreciation was moderate.