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Financial analysis of a clothing company

Tsoumanis Georgios

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URI: http://purl.tuc.gr/dl/dias/AA858E28-28E5-42FA-897B-8F35E3AE0816
Year 2023
Type of Item Diploma Work
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Bibliographic Citation Georgios Tsoumanis, "Financial analysis of a clothing company", Diploma Work, School of Production Engineering and Management, Technical University of Crete, Chania, Greece, 2023 https://doi.org/10.26233/heallink.tuc.96473
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Summary

This paper presents a financial analysis of a clothing company within a four-year period and THE LIFE UP LTD, representative of a major brand in our country and abroad, was used as a sample. Using analytical methods such as numerical ratios and horizontal and vertical analyses, the paper provides valuable information about the company's trajectory, its weaknesses, its financial viability and future investment strategies it can pursue to improve its position. In addition, it studies how the COVID-19 pandemic has affected the textile industry in general, but also the specific company. Finally, the paper summarizes the conclusions derived from the analysis, which can be used as a basis for decision-making and the adoption of measures in order to improve the business performance and financial viability of the company in question.

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