ABSTRACT
This project was written on the basis of the data gathered, interpreted and evaluated on four manufacturing companies in Nigeria such as Nigerian
Breweries Limited (NBL) Guiness Nigeria Limited (GNL), United Nigerian Textiles Limited (UNTL) and
Arewa Textiles Limited (ATL).
The uses of financial ratios be investors, management, workers and government were stressed.
The ratio selection for thia analysis inoludes l i q u i d i t y p r o f i t a b i l i t y , debt and a c t i v i t y r a t i o s.
The l i t e r a t u r e review of financial ratios such as Predictive Ability of financial r a t i o s . Rapid Growth Firms, Profitable firms and t h e i r relations to financial r a t i o s , Bond rating and Default Detecting Ability of Financial Ration etc - has been carried out and incorporated in this project. Literature review provider, information as to how an attempt could be made to predict the success or failure of
selected firms.
Analysis and comparison were made between Nigerian Breweries Limited (NBL) and Guinness Nigeria Limited (GNL) which produce similar products and a similar effort was made on United Nigerian Textiles Limited (UNTL) and Arewa Textiles Limited (ATL). These companies had similar problems duo to the general recession in the economy during the period reviewed by the analyst.
It has been possible to conclude that efficient management is necessary in all business units to improve their performance and progress.
