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Financial Performance Analysis of Grameenphone Ltd Assignment

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Added on  2021-01-15

Financial Performance Analysis of Grameenphone Ltd Assignment

   Added on 2021-01-15

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Grameenphone is the leading telecommunications service provider in Bangladesh, with morethan 74 million subscribers and 46.3% subscriber market share (as of January 2019). It is ajoint venture between Telenor and Grameen Telecom Corporation. Telenor, atelecommunication company from Norway, owns a 55.8% share of Grameenphone, GrameenTelecom owns 34.2% and the remaining 10% is publicly held.Grameenphone introduced pre-paid mobile phone service in Bangladesh in September 1999.Via an EDGE/GPRS/3G/4G enabled network. Grameenphone was the first mobile operator inBangladesh to offer internet via EDGE and 3G 4G services to its subscribers. In 2017,Grameenphone introduced its MyGP app that allowed subscribers, through an embeddedplatform called Flexiload, to personalize their own cell phone packages and discounts basedon their personal need for voice minutes, data volumes, text messaging. The MyGP appallowed customers to monitor their usage in real time. MyGP now encompasses GP appssuch as Bioscope and Shoparu, as well as third party ride sharing apps like Uber and Shohoz.Grameenphone has been a partner in Bangladesh’s development journey and looks forward tocontinued contribution towards the government’s Digital Bangladesh ambitions. With itsmodernized network and extensive coverage, the Company is helping to reduce the digitaldivide of the country. Distance, mobility or socio-economic factors no longer pose a barrierto education, business or lifestyle needs. The enhanced access to information is now enablingstart-ups, small-scale businesses and farmers, to innovate and grow.Financial Performance Analysis ofGrameenphone Ltd.
Financial Performance Analysis of Grameenphone Ltd Assignment_1
Current RatioAnalysisThe current ratio isa liquidity ratio thatmeasuresacompany's ability topay short-termobligations or thosedue within one year. It tells investors and analysts how a company can maximize the currentassets on its balance sheet to satisfy its current debt and other payables.Current Ratio = Current Assets/Current LiabilitiesCurrent Ratio 20192018201720162015Current Assets toCurrent Liabilities0.230.160.260.160.17Current ratio of Grameenphone Limited shows a mix trend. In the year 2017 current ratio was0.23 it means that the bank has Tk. 0.23 current assets against Tk 1 current liabilities. From2019201820172016201500.050.10.150.20.250.3Current Ratio
Financial Performance Analysis of Grameenphone Ltd Assignment_2
the analysis of last05 years weobserved that thecompany do not runwith too muchliquidity on hand.Although theircurrent asset position is not quite good, they hold a strong position in the market.Debt to Equity RatioThe debt to equity ratio shows the percentage of company financing that comes fromcreditors and investors. Debt to Equity Ratio = (Total Debt/Total Equity)Debt to Equity 20192018201720162015Debt/Equity0.620.500.630.871.192019201820172016201500.20.40.60.811.21.4Debt to Equity Ratio
Financial Performance Analysis of Grameenphone Ltd Assignment_3

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