Analysing the Financial Performance of MNCs in Australia Using Financial Ratios: A Critical Evaluation

Abstract

Australia is currently the leading provider of services and goods which are in high demand all over the world. It currently comes under one of the top five mineral exporters, and it boasts significant natural reserves. This research study aimed to analyse the financial performance of MNCs in Australia with the help of financial ratios. The whole discussion has been a critical elevation and thus data has been analysed through tables and quantitative calculations. The results of the survey have revealed that Commonwealth Bank has the highest gross profit ratio (GPR) while Macquarie Group Limited has the highest net profit ratio (NPR). Liquidity ratio; the value of the current ratio (CR) and quick ratio (QR) of Fortescue Ltd is the highest of the 10. Solvency ratio (SR); the value of the debt-to-equity (DER) ratio is highest for Atlassian Corporation while the highest value for the leverage ratio is for Macquarie Group Limited.