| Description |
1 online resource : illustrations |
| Series |
SAGE business cases |
| Summary |
SpiceJet Ltd. is a low-cost air carrier in India. Although it is the second-largest private airline in terms of market share in India, SpiceJet has seen continuous erosion of its net worth in recent financial years. Its net profit has also witnessed deceleration, despite a compound annual growth rate of 21% in total income. SpiceJet's financial health is synonymous with the now-defunct airline Jet Airways, which has ceased business for want of cash. Given this context, it becomes imperative to study closely the published financial statements of the airline and identify red flags. What do the red flags reveal about the current state of the company? If alarming, how do we determine the fair value of the company's stock? This exercise should help the investors (both current and potential) decide on whether to buy, hold, or sell the stock |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Description based on XML content |
| Subject |
Airlines -- India -- Finance -- Case studies
|
|
Airlines -- Finance.
|
|
India.
|
| Genre/Form |
Case studies.
|
| Form |
Electronic book
|
| ISBN |
9781529761986 |
|
1529761980 |
|
