Financial Performance Analysis of Transcom Group
Financial Performance Analysis of Transcom Group
On
Financial Performance Analysis of Transcom Mobile Ltd
Supervised by
Md. Shamim Hossain Senior Lecturer
in Accounting Department of Business
Administration Manarat International
University
Prepared by
A.K.M. Mahmadur Rahman
ID # 1129BBA01817
Manarat International University
Letter of Transmittal
DECLARATION
ACKNOWLEDGEMENT
This report would have been impossible without the valuable contributions
and limitless help of several individuals. First, my thank goes to Almighty
Allah that my project has been done on time.
I feel honored to lay my sincerest gratitude to my honorable supervisor, Md.
Shamim Hossain, Senior Lecturer in Accounting, Department of
Business Administration, MIU for helping me in preparing this project.
I would like to thank all the staffs, executives and my office supervisor of
Transcom Mobile Limited, Sadar Road, Mohakhali and Dhaka for
helping me out to collect necessary information regarding this project.
I have been benefited from many people in the evolution of this report. They
have generously supplied insightful comments, helpful suggestions, and
contributions all of which have progressively enhanced this report.
The selection of company is always vital to successful study. In this report,
my appreciation goes to executives and managers of Transcom Mobile
Limited who have provided worthy information and contributed their
valuable time.
Executive summary
Internship is a part and parcel of BBA program. Every student must need to take part in
internship if they want to complete BBA. By internship program student get real
experience of the field work. Students are able to know how an organization is operated.
I took part in internship in Transcom Mobile Ltd. Transcom established in 1885 and till
now it carries out its work by fulfilled peoples satisfaction. Only few companies are
available in the Bangladesh which passed 100 years in business carrier. It creates new
strategy in business area and expanding day by day. It divided customer in different area
by their age, class, city, etc. Transcom Mobile Ltd is a part of Transcom Group.
My internship report made on Financial performance Analysis of Transcom Mobile
Ltd. As a student of BBA, with major in finance, it is important for me to analysis
financial performance of Transcom Mobile Ltd. Because finance is a subject where in
every steps involve analysis of financial data for getting information of companys
performance. This is the main objective of this report.
This report has 4 parts. First part is introduction, where I describe reason of the study,
way of data collection, processing, full expansion of report objective, scope and limitation
of the study. In second part, I give information about Transcom group. Here I give
information of all company include in Transcom group, function of Transcom mobile,
there financial data, and SWOT analysis.
Third part is the main part of this report. Here I analysis financial data of Transcom
mobile. This part made by ratio analysis and several point. This part also includes finding
which was made by my observation. The last part is recommendation and conclusion.
Here I recommended several points which come out findings. Finally the report end
through conclusion.
Day by day TML will go to improve by fulfill the customer demand and providing better
service.
I hope TML will continue this journey.
ii
Contents
Particulars
Chapter 1
Chapter 2
Chapter 3
Chapter 4
Page
Introduction
About Transcom
Mission of Transcom
Nature of Business
Organizational overview
Function
14
Organizational diagram
15
15
Financial information
16
SWOT Analysis
20
Financial Analysis
22
Ratio Analysis
26
Findings
33
Recommendation
34
Conclusion
35
iii
CHAPTER 1
Introduction
1.1 Introduction
Nowadays business is changing day by day based on the development. Every day new
technologies are developed, plans are implemented, human powers are involved,
techniques are created to speed up the progress, rivals are seen in all sectors, services
are provided to satisfy the customer, and therefore, all these are take part in the
business arena. So there is competition in business sector. In order to face the
competitive business area, a business organization need to develop its service, recruit
efficient human and technological power, analysis competitor benefit, and their own
performance analysis and so on. And the business which can adopt these things as
quickly as possible, it can exist long in the business arena.
Transcom is one of the companies which exist in business arena near about 125 years.
Due to provide better performance in the business, it still exists. Day by day it
changed its business techniques, plans, properly manages its human resource,
generates new ideas, analysis competitor performance and exists in business.
1.2 Background of the study
Every BBA student needs to do internship program for completing under graduation,
under the supervision of the supervisor. Due to this reason, I completed my internship
in Transcom Mobile Ltd, in corporate section. I found a corporate environment to
work in Transcom Mobile Ltd that helps me to get knowledge. I comply with the
concerned rules made by the authority. I made my internship report on the topic of
Financial performance Analysis of Transcom Mobile Ltd.
1.3 Rational of the study
In todays world only academic education does not make a student perfect to become
competitive with the outside world. So internship is highly needed to gain idea,
knowledge and experience.
Page 1 of
35
Page 2 of
35
III.
IV.
V.
Primary source
ii)
Secondary source
The primary sources of data include the followings:
1. Face to face conversation with the TML officers and staffs
2. Direct conversation with the clients
3. Study of different files of different sections of the TML
4. Practical Deskwork.
CHAPTER 2
Profile of the Organization
Originated with tea plantations in 1885, TRANSCOM today is one of the leading and
fastest growing diversified business houses in the country employing over 10000
people. Not many industrial groups in Bangladesh can claim a history of continuous
business pursuits stretching back over 125 years! Initially tea and later jute formed the
backbone of the family business. Although these are still part of the activities and
contributing marginally to the overall group turnover. Presently those early industrial
ventures have moved over to businesses involving high-tech manufacturing,
international trading and distribution, forming strong ties with a host of blue chip
multinational companies. In recent years, TRANSCOM has emerged as the largest
media house in Bangladesh.
2.2 Mission of Transcom
I.
To provide reliable and durable products and service solutions to meet the
changing needs of day to day lifestyle requirement of customers.
II.
III.
IV.
Today, the company is one of the leading electronics and electrical company in
the country, marketing and distributing Consumer lighting, Consumer electronics,
Home Appliances and Professional lighting products from renowned brands
through its extensive distribution and retail network.
2.4.2 Transcom Foods Ltd
Transcom Foods Limited (TFL) started its journey in 2003 as a franchisee of Pizza
Hut, the first International Chain Restaurant in Bangladesh, and went on to sign
the contract to become the franchisee of Kentucky Fried Chicken (KFC) in the
year 2006. Both Pizza Hut and KFC are subsidiaries of the worlds largest
restaurant company Yum! Restaurants International. In a span of seven years, TFL
has opened 4 Pizza Hut and 7 KFC outlets so far throughout the country.
2009 has been an amazing year for TBL, winning several spectacular awards as
PepsiCo's exclusive bottling partner in Bangladesh. For its' extraordinary and
outstanding venture through excellence TBL has been rewarded with several
prestigious national and international recognitions.
Transcom Mobile Limited (TML) is the TRANSCOM's latest venture into the
Mobile Handset business and the company is exclusively distributing Mobile
phones to all over the country. It started its' operation on 22nd June, 2010. At the
beginning it operated nearly half of the country and the resources was 35. At
present TML operates nationwide as a single distributor with trade marketing
operation of SAMSUNG Mobile.
2.4.5 Transcom Cables Ltd
Transcom Cables Limited is one of the largest conglomerates in Bangladesh has
established in July 2009 for manufacturing of cables, wires and Conductors. The
company started its' commercial production in May 2010. It's manufacturing
domestic and commercial power cables of international standards (ISO certified
factory) under the Transtec Brand and is currently marketing its product to
electrical outlets in Dhaka region and to institutional customers all over the
country. The range of its products includes PVC insulated cables, PVC insulated
and PVC sheathed single core and multi core cables, control cables, flexible
cables etc. The different sizes of bare and insulated All Aluminum Conductor
(AAC) and Aluminum Conductor Steel Reinforced (ACSR) are also being
manufactured here.
23 branch offices along with one main office, warehouses and delivery vans,
directly servicing over 8000 outlets throughout the whole country.
TDCL is an allied business company of TRANSCOM Groups responsible for
distributing multi-dimensional products across the country. The company started
its business with the distribution of quality pharmaceutical products manufactured
by ESKAYEF, NOVO NORDISK, SERVIER, ALLERGAN and consumer
brands like Frito Lay, Heinz, Wrigley, Mars, Energizer, Schick, L'Oreal, Garnier,
ConAgra Foods, McVities and Hemas. It started its diagnostic distribution
division in 1993 by distributing laboratory equipments and reagents from
Hettich(Germany), TREK Diagnostics(USA) and Fortress(UK). It also distributes
crude oil and oil products from Vitol. Basically TDCL has three distribution
divisions:
Bangladesh Electrical Industries Ltd
Bangladesh Electrical Industries (BEIL) is a leading producer of televisions and
radios in Bangladesh and is the official licensee of PHILIPS Electronics N.V.
Holland. The company was incorporated in 1960 as a subsidiary of PHILIPS,
Holland. In March 1993, PHILIPS sold its entire shares to TRANSCOM.
2.4.7
In 2002 Transtec has officially come into the world of lighting business with tube
lights and started marketing lighting products nationwide. In 2003 Trasntec GLS
was introduced in the market. At that time Transtec GLS was available only up to
100 W clear but gradually it started producing GLS lamp in BLL with various
wattage range. Now, Transtec GLS is available in 25W clear, 40W clear, 60W
clear, 100W clear, 200W clear and Luster clear, Luster Blue, Luster Green, Luster
Red, Luster Yellow. All the wattage ranges ensure 1000 hrs (min) lifetime. High
Quality Filament delivers proper wattage & brighter light and Fuse wire ensures
safety of the system. Transtec Tube Light was available since 2002 in the market
with 18 W and 36 W product range .To make a brighter light, Phosphor coating &
Argon gas is used. The quantity of hazardous substance (e.g. mercury) in the tube
light is controlled, so it is more environments friendly. Transtec Starter were in
the market in 2003.
In 2005 TEL has added a new product range in lighting portfolio as Transtec
CFL (Compact Florescent lamp). After initial years of import, since the end of
2007 Transtec CFL is being produced at BLL and captured substantial market
share through its product superiority. It has a wide wattage range, classified in
Premium and Classic category with pin and screw type holders like: 8W, 11W,
15W, 23W, 26W, 30W. Considering the consumer benefit the product has been
developed to illuminate even at low voltage as 110 volts. It has built in short
circuit & over voltage protection feature & 8000 hrs (min) lifetime.
Since 2005 TEL is also into the business of tube light ballast with Transtec
Magnetic Ballast which gradually converted into Transtec Electronic Ballast and
started its own ballast production at Bangladesh Electrical Industries Ltd (BEIL)
in 2009. Having high power factor (0.9), Transtec Electronic Ballast saves 30%
of electrical energy. It can switch on the tube light at low voltage (even at 50
volts) and keeps the light output constant even at voltage fluctuation.TEL also
has a strong and experienced project team handling PHILIPS professional
lighting projects. Currently there are about 17,000 electrical outlets and 90,000
grocery outlets covered under the network.
2.4.8
E
skayef is growing more global and exporting its products and bulk pellets 20
countries across 5 continents i.e. Europe, Australia, South America, Africa and
Asia. Eskayef is also marketing eye care products of Allergan Inc. USA, the
global leader in this special area. As a part of business expansion, Eskayef has
already submitted more than 200 registration dossiers in 15 new countries and
another 8 countries are under registration pipeline. The company has been
providing contract and custom manufacturing facility for foreign pharmaceutical
companies. Currently it is contract manufacturing for two UK based and an
Australia based company. Eskayef also did contract manufacturing for one UAE
based and a German company.
2.4.9
Mediastar Ltd
Mediastar Limited is an affiliate, emerging electronic media and newspaper
concerns within TRANSCOM group. The company is currently consist of the
following media associates:
Prothom-Alo,
the
largest
TRANSCOM group has been involved in tea and rubber producing and
distributing since its' birth. Till date the group consists of the following
companies:
M. Rahman Tea Company Limited
The Company basically responsible for producing Tea, Rubber plantation and
packing of garden fresh, premium Heritage Tea. Heritage contains Tea from the
groups 3 gardens exclusively for the connoisseur in 2 blends morning and
afternoon.
Monipur Tea Company Limited
The Company is basically an associate of TRANSCOM group responsible for Tea
plantations.
Heritage Argo Farms Ltd
Heritage Argo Farms Ltd is a joint venture of Monipur, Marina and M. Rahman
Tea Company Ltd. Its building own Brand name in Sylhet fish market by
intensive cultivation of fresh water fish especially Tilapia.
Marina Tea Company Limited
The company assist the same way with the previous ones for over 50 years of Tea
plantations and distribution.
2.4.11 Mediaworld Ltd
Mediaworld Limited is one of the associates of TRANSCOM group consist of a
renowned English newspaper THE DAILY STAR.
THE DAILY STAR is the leading and most quoted English newspaper in
Bangladesh. The company also publishes the Bengali SHAPTAHIK 2000 a
quality political and current affairs weekly and ANONDODHARA, the premier
film and entertainment fortnightly.
2.4.12 Reliance Insurance Ltd
RELIANCE INSURANCE LIMITED was the fourteenth in line to start general
insurance business in the private sector. It is basically one of the associates of
TRANSCOM group. The Company was incorporated on 20th March 1988 and
was allowed to commence business by virtue of the Certificate of Commencement
of Business issued by the Registrar of Joint Stock Companies on 22nd March
1988. The Company obtained Certificate of Registration issued by the Controller
of Insurance on 7th April 1988. It was subsequently listed in the stock Exchanges
of Bangladesh in 1995. Currently it's employing 325 persons as regular employee
around the country.
True to their vision to become the premier insurance organization and the insurer
of first choice in Bangladesh with a sound reputation for dependability,
2.5 Function
I.
II.
III.
IV.
V.
= 10000000
Face Value
Number of shares
Taka
Transcom Limited
100
99300
9930000
100
100
10000
100
100
10000
100
100
10000
100
100
10000
100
100
10000
100
100
10000
100
100
10000
Total
100
100000
10000000
Mr.
Arshad
Waliur
Rahman
ASSET
2013
2012
2011
2010
9058646
5750453
7478611
Noncurrent asset
Property,
Plant
and 6902890
Equipment
Pre operation expenses
346017
576696
807375
1038054
7248907
9635342
6557828
8516665
Inventories
495582410
8537259
4713359
2802102
1161480
59047149
11392087
-19550482
3313996
Account Receivable
539813481
Current Asset
-1837929
20984777
1162800
1257845
5000
37050000
-4534539
31969104
Pre payments
Intercompany
Current 3000000
accounts
Total current asset
1110925397
Total Assets
1118174304
2012
2011
2010
Share Capital
10000000
10000000
10000000
10000000
Retained Earnings(loss)
-95545120
-96910652
-33174244
Owners Equity
100718448
Loan
from
Sister 71566320
71624367
Concern
Total owners equity
-13978800
-15286285
-90718448
-23174244
1011459895
Current Liabilities
Short Term Borrowing
Trade
and
Other 80216544
30974679
149187178 5049133
Payment
Provision
for
Extra
-8296205
1913655
24796395
19318415
Margin
Provision for Co-op, 14008407
price protection & sales
incentive
Intercompany Current 8938448
5518321
74044
accounts
Bank overdraft
17529810
9740151
1132153104
Total
1118174304
Equity
and
Liabilities
Page 17 of 35
2013
2012
Turnover
2011
2010
223291973
132763358
101585557
5951244
62800450
49555841
44251345
13044918
34030530
14454635
21089207
972148
Depreciation
3412066
2849492
2056520
1019851
Total
100243046
66859968
67397072
15036917
Operating Profit
123048927
65903390
34188485
-9085673
Finance Cost
-121683394
-62095594
-101732689
-24088571
1365533
3807796
-67544204
-33174244
Less: Operating
Expenses and Charges
Administrative and
Operating Expenses
Selling and
Distribution Expenses
Page 18 of 35
Interest paid
Profit before Tax
Adjustment for
depreciation
Increase/Decrease in
Current Asset
Increase/Decrease in
Current Liability
Net cash used in operating
Activities
B. Cash Flows from
Investing Activities
Acquisition of asset
Pre Operating Expenses
Net cash used in investing
Activities
2013
2012
2011
344284393 220200732
3
0
327542944 205667051
0
4
167414493 145336806
-118503121 -108236552
-67544204 -33174244
2056520
1019851
48911372
37100254
-1256310
-6157685
-1256310
-6157685
52079879
6
56580688
3
-20479597
35106625
3
38607115
7
2850511
-328362
230679
-97683
-8498462
-1038054
-9536516
2010
10000000
10000000
47655062
30942569
-20577280
11392087
-19550482
3313996
59047149
11392087
-17263284
3313995
3313995
Page 19 of 35
Threats: External elements in the environment that could cause trouble for
the business or project
The result of the analysis is a matrix of positive and negative factors for management to
address:
Factors
Internal factors
External factors
Positive factors
Strengths
Opportunity
Negative factors
Weaknesses
Threats
Strengths:
Weakness:
Opportunities:
35
Threats:
New competitor
CHAPTER 3
Analysis and Findings
3.1.1
Sales
Sales Sale is the one and only earning sector of TML. Every year sales is
Taka in Core
increasing which make TML profit. In below I show 4 years sales history:
Sales
4E+09
3.5E+09
3E+09
2.5E+09
2E+09
1.5E+09
1E+09
500000000
0
Taka in Core
518056649
3612722944
2143288218
1642185648
Sales of TML was increased year by year. Height sale was in 2013.
Profit
Profit shows companys performance in the business. In below I show 4 years
profit earnings.
5000000
0
-5000000
- Profi
1000000
0t
1500000
0
2000000
0
2500000
0
3000000
0
3500000
0
4000000
0
4500000
0
Taka in Core
3.1.2
201
3
1365533
201
2
3807796
-50000000
-55000000
-60000000
-65000000
-70000000
201
201
1
0
-67544204
-33174244
Profit
In 2010 and 2011 profit of TML is in minus figure but in 2012 profit was increase
but in 2013 it was decrease again. Profit was not satisfied then sales.
3.1.3
Cash flow
Cash flow is the movement of money into or out of a business, project, or
financial product. It is usually measured during a specified, limited period of time.
Measurement of cash flow can be used for calculating other parameters that give
information on a company's value and situation. Cash flow can be used, for
example, for calculating parameters: it discloses cash movements over the period.
Cash Flow
Taka in Core
650000
00
550000
00
450000
00
350000
00
250000
00
150000
00
5000000
500000
0
1500000
0
-25000000
Cash
Flow
201
3
59047149
201
2
11392087
201
1
-17263284
201
0
3313995
In 2013, cash flow is in minus figure. But other year it is in plus figure.
3.1.4 Total Asset
Taka in Core
other entity.
1.2E+09
Total Asset
1E+09
800000000
600000000
400000000
200000000
0
Total Asset
362896914
1118174304
534250760
858872395
Total asset is fluctuated in every year. Highest total asset is in 2013 amount is
1118174304 core.
3.1.5
Inventory
Inventory or stock refers to the goods and materials that a business holds for the
ultimate purpose of resale (or repair).
Taka in Core
Inventories
6000000
00
500000000
400000000
300000000
200000000
100000000
0
Inventories
110031730
495582410
184696136
512179697
Inventory was also fluctuated in every year. In 2011 and 2013 high amount of product
were stored rather than sale.
Taka in Core
customer's order.
Account Receivable
600000000
500000000
400000000
300000000
200000000
100000000
0
Account Receivable
186914162
539813481
285601036
361997873
Account receivable was also fluctuated in every year. Company can able to collect
some money in 2010 and 2012 but in 2011 and 2013, company can unable to
collect money so account receivable stay huge.
3.1.7
Retain Earning
Retained earnings refer to the portion of net income of a corporation that is
retained by the corporation rather than distributed to shareholders as dividends.
Similarly, if the corporation incurs a loss, then that loss reduces the corporation's
retained earnings balance. If the balance of the retained earnings account is
negative it may be called retained losses, accumulated losses or accumulated
deficit, or similar terminology. Retained earnings and losses are cumulative from
year to year.
Taka in Core
Retain Rarning
0
-20000000
-40000000
-60000000
-80000000
-1E+08
-1.2E+08
Retain
Rarning
201
3
-95545120
201
2
-96910652
201
1
-100718448
201
0
-33174244
Fixed Asset
Fixed assets, also known as "tangible assets" [1] or property, plant, and
equipment (PP&E), is a term used in accounting for assets and property that
cannot easily be converted into cash. This can be compared with current
assets such as cash or bank accounts, which are described as liquid assets. In most
cases,
only
tangible
assets
are
referred
to
as
fixed.
Fixed Asset
10000000
Taka in Core
9000000
8000000
7000000
6000000
5000000
4000000
3000000
2000000
1000000
0
Fixed Asset
7478611
6902890
9058646
5750453
Fixed asset also fluctuated in every year. Company can able to hold huge fixed
asset in 2012.
3.2 Ratio analysis
Current Ratios
The Current Ratio is one of the best known measures of financial strength. It is
figured as shown below:
Current Ratio =
The main question this ratio addresses is: "Does your business have enough
current assets to meet the payment schedule of its current debts with a margin of
safety for possible losses in current assets, such as inventory shrinkage or
collectable accounts?" In Transcom:
Current Ratio
Ratio in Time
3.2.1
1
0.98
0.96
0.94
0.92
0.9
0.88
0.86
0.84
Current Ratio
0.917914332
0.981250145
0.954649778
0.8975598
In every year TML cant able to pay there all current liability by there current
asset.
3.2.2
Quick Ratios
The Quick Ratio is sometimes called the "acid-test" ratio and is one of the best
measures of liquidity. It is figured as shown below:
Quick Ratio =
The Quick Ratio is a much more exacting measure than the Current Ratio. By
excluding inventories, it concentrates on the really liquid assets, with value that is
fairly certain. It helps answer the question: "If all sales revenues should disappear,
could my business meet its current obligations with the readily convertible `quick'
funds on hand?" In Transcom:
Years
Ration
2013
0.528957283
2012
0.540442406
2011
0.360626257
2010
0.492728229
After excluding inventory from current asset, company is highly unable to pay
there current liability by there current asset.
2013
2012
2011
2010
Ratio
-21227707
-24921627
-97276276
-31690909
Gross
Profit
Net
Sales
2013
2012
2011
2010
Ration
6.180711%
6.194377%
6.185997%
1.14876%
3.2.5
Years
2013
2012
2011
2010
Ratio
0.037798%
0.177661%
-4.11307%
-6.4036%
Gross profit was satisfied in 2011, 2012, and 2013. But net profit was not
satisfied. In 2012 and 2013, profit was below then 1%, and in 2010 and 2011,
company was in loss.
3.2.6
Net
Sales
Average Inventory at Cost
Years
2013
2012
2011
2010
Ratio
7.28985305
11.6044020
3.20626853
4.7082477
Inventory turnover ratio is satisfied in 2012 and 2013. In 2010 and 2011, the ratio
was little bet short.
3.2.7
Return on Assets
This measures how efficiently profits are being generated from the assets
employed in the business when compared with the ratios of firms in a similar
business. A low ratio in comparison with industry averages indicates an inefficient
use of business assets. The Return on Assets Ratio is calculated as follows:
Net Profit Before
Return on Assets =
Tax
Total
Assets
Years
2013
2012
2011
2010
Ratio
0.122122%
0.712736%
-7.86429%
-9.14151%
In 2012 and 2013, return of asset was in below then 1% and in 2010 and 2011,
return on asset is in below then 0.
3.2.8
Return on Equity
Return on equity, commonly referred to as ROE, is another measurement of
management performance. ROE tells the investor how well a company has used
the capital from its shareholders to generate profits. Similar to the ROA ratio, a
higher ROE denotes a higher level of management performance.
Measures the income earned on the shareholder's investment in the business.
Net
Return on Equity=
Income
Equit
y
Years
2013
2012
2011
2010
Ratio
13.6553%
38.0779%
-675.442%
-331.742%
Return on equity was satisfied in 2012 and 2013. In 2010 and 2011, it was highly
dissatisfied. Because there were huge amount of minus % in those year.
3.2.9
Cash Turnover
Measures how effective a company is utilizing its cash.
Net
Cash Turnover =
Sales
Cas
h
Years
2013
2012
2011
2010
Ratio
61.1836982
188.1383295
-83.997195
156.3238607
In 2010, 2012 and 2013, cash turnover ratio was highly satisfied. But in 2011, it is
in minus figure.
3.2.10 Fixed Asset Turnover
The Fixed Asset Turnover ratio measures the effectiveness in generating Net Sales
revenue from investments in Net Property, Plant, and Equipment back into the
company evaluates only the investments.
Measures the activity of the assets and the ability of the business to generate sales
through the use of the assets.
Fixed Asset Turnover=
Net
Sales
Total
fixed
asset
Years
2013
2012
2011
2010
Ratio
498.3817483
222.4402847
250.4160902
60.8285812
Fixed asset ratio was highly satisfied in every year. In 2011, 2012 and 2013 the
sales were 250 times more than the fixed asset.
3.2.11 Total Asset Turnover
The Total Asset Turnover is similar to fixed asset turnover since both measures a
company's effectiveness in generating sales revenue from investments back into
the company. Total Asset Turnover evaluates the efficiency of managing all of the
company's assets.
4.5
4
3.5
3
2.5
2
1.5
1
0.5
0
Total Asset Turnover
1.427558706
3.230912149
4.011764472
1.912025183
Total debt
Total Asse
1.1
8
1.1
6
1.1
4
1.1
2
1.1
1.0
8
1.0
6
1.0
4
1.0
2
1
Total debt to Total Asset
1.063859
1.07650428
1.1626776
1.1056251
n every year Total debt to Total asset ratio is also satisfied. Company can able to
fulfill there all debt by there total asset.
3.3 Findings
I.
II.
III.
IV.
Misuse of manpower
V.
VI.
VII.
VIII.
IX.
X.
CHAPTER 4
Recommendations and Conclusions
4.1 Recommendation
4.2 Conclusions
In todays world academic education does not make a student professional to face the
current challenges within the outside world, therefore, internship is highly recommended
to gain idea, knowledge and experience. It gives real experience to the student to the
working world. It is really a good experience for me to take part in internship program in
Transcom Mobile Ltd. This field experience helped me in my career development. I will
try my best to fulfill the requirements of internship.
BIBLIOGRAPHY
1. http://www.transcombd.com/
2. Financial document collect directly