Financial Performance of Pharmaceutical Companies Through Current Ratio Analysis

This study evaluates the financial performance of selected pharmaceutical companies over a ten-year period using Current Ratio (CR) as the primary measure of short-term liquidity. Ten major firms were analyzed, and their CR values were computed annually, followed by statistical evaluation through mean and standard deviation. The mean values provided insights into the overall liquidity position of the sector, while the standard deviation highlighted the variability and stability of financial practices across companies. Findings indicate that while some firms consistently maintained healthy liquidity levels, others displayed significant fluctuations, reflecting differences in working capital management and operational efficiency. The study underscores the importance of CR as a diagnostic tool for assessing financial health and sustainability in the pharmaceutical industry. Keywords: Financial Performance, Indian Pharmaceutical Sector, Current Ratio, Sustainable Business etc