A Study of Industry Financial Ratios

Abstract

The origins of financial ratio analysis can be traced back to the first decade of the twentieth century. It began with the development of a single ratio, the current ratio, for a single purpose—the evaluation of credit worthiness. Today ratio analysis involves the use of several ratios by a variety of users including credit lenders, credit rating agencies, investors and management.

Citation

Drury, J.C. (1981), "A Study of Industry Financial Ratios", Management Decision, Vol. 19 No. 1, pp. 24-35. https://doi.org/10.1108/eb001265