Financial Analysis of Infrastructre Companies at the Time of Covid-19

Abstract

The objective of this paper is to apply ALTMAN’S Z SCORE in order to predict the bankruptcy of the selected infrastructure company. The study ranges from the period of 5 years i.e., 2015-2019 for 6 selected companies and also how these companies can revive from the pandemic. By applying Z score we can conclude that the investors, stakeholders or shareholders could use this model in finding out the financial positions of the company. As per this model in our case most companies are going to bankruptcy except one or two. Further the companies should regularly calculate Z score for making strategies to improve their financial positions.