Dr.Yashwant Gupta and Dr. Neeraj Kumar Gupta
Financial health is the Stepping stone for the economic activities in every business Enterprise. Financial health reflects the success of the sugar mills. The scenario circles around diagnosing the wealth health of sugar mill by peeping deep into the annual reports of the concerns. In this paper an attempt has been made to study the degree of financial health of the selected units with the help of Edward Altman’s Z-score model and the comparison of wealth health among the selected units with the help of statistical tools i.e. Mean, Standard Deviation and Coefficient of Variation. The study is depicts the issues relating to the financial performance only. Non-Financial aspects like marketing; Personnel, etc. are not taken into consideration. The objective of the study is to ascertain the degree of financial health condition of the selected units and the success thereof.