A Study on Financial Statements Analysis with Reference to Raysut Cement Company, Sultanate of Oman

Financial Statement analysis enables the business enterprises to spot trends in a business. The study helps to compare its performance and condition with the average performance of similar business in the same industry. This analysis makes out the difference between the success and failure of a business. Financial statement analysis is required in taking effective management decisions. It gives a way to learn medium that helps to evaluate, predict and reconstruct the economic reality that lay embedded in the financial statements. The study concluded that the critical assumption in the use of financial statement is often made that the past will predict the future. This helps to analyze the market and for investing in a way so that the profit is maximized.