Search of Power in Power Companies

In the present time we cannot even think to survive without power supply, this supply is provided by power companies. But these companies are struggling to survive in the market due to various internal as well as external reasons. We have never thought that if these power companies collapse then what will happen to power supply and our lives. This paper is an attempt to check the financial health of seven power companies, on the basis of five year data provided by the companies in their annual reports, to conclude that are they going to survive in the future? It is done by assessing the overall financial performance of the company, by knowing the efficiency in financial operations, & by predicting the financial health and viability of the company. For this purpose Edward I. Altman Z-score analysis is used, this model predicts the likelihood that a company would go bankrupt.