FINANCIAL HEALTH OF ELECTRONIC MANUFACTURING SERVICES

Abstract: The financial condition of Electronic Manufacturing Services during the period of six years (2018-2023) has been analysed using ratio analysis, working capital patterns, and comparative statements. Improved liquidity and profitability have been indicated, along with significantly increasing working capital in some years, by virtue of enhanced cash management and less reliance on debt. However, areas for improvement have been identified by way of diminishing turnover ratios and increasing holding periods of inventory. It exhibited better interest coverage and solvency, but unstable debt-service coverage ratio betrays occasional payment risks. The recommendations are implementing just-in-time inventory systems, working capital optimization, and sustainable debt levels to support long-term financial health. Overall, it has displayed strength and development, although operational adjustments are required to support continued growth.

Keywords: Electronics Manufacturing Services (EMS), Working Capital, Ratio Analysis, Liquid Ratio, Solvency Ratio, Profitability Ratio, Efficiency Ratios, Trend Analysis.