Applications of Z-Score Model to Predict Financial Health in Selected Real Estate Companies Listed in NSE (for the Period 2007-2011)

19 Pages Posted: 4 Feb 2015

See all articles by Satish kumar

Satish kumar

IIMT University, school of commerce and management; SCHOOL OF COMMERCE AND MANAGEMENT; SCHOOL OF COMMERCE AND MANAGEMENT

Date Written: September 8, 2013

Abstract

Real estate is a very high risk prone sector. Companies operating into this sector are always under threat from different corners such as change in land acquisition policy, change in land procurement policy, increase in home loan interest rate, pressure, increase in the prices of steel & cement factors bring uncertainty in terms of returns of these sector. In the present paper, an effort is made to check the financial health of the selected major corporate with the help of Z score for the period of 2007-2011. The finding on the basis of Z score indicates that the corporate houses selected under the period of the study are falling in danger zone.

Keywords: Z score, Real estate, Bankrupt. Financial health

JEL Classification: GO1, G18, G33

Suggested Citation

Kumar, Satish, Applications of Z-Score Model to Predict Financial Health in Selected Real Estate Companies Listed in NSE (for the Period 2007-2011) (September 8, 2013). Available at SSRN: https://ssrn.com/abstract=2559591 or http://dx.doi.org/10.2139/ssrn.2559591

Satish Kumar (Contact Author)

IIMT University, school of commerce and management ( email )

O POCKET
GANGA NAGAR
MEERUT, UT
India

SCHOOL OF COMMERCE AND MANAGEMENT ( email )

O POCKET, GANGA NAGAR
MEERUT
Meerut, Uttar Pradesh 250103
India
9917100905 (Phone)

SCHOOL OF COMMERCE AND MANAGEMENT ( email )

O POCKET
GANGA NAGAR
MEERUT, UT
India

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