A STUDY ON THE ROLE OF FINANCIAL STATEMENT ANALYSIS IN ASSESSING BUSINESS SUSTAINABILITY WITH REFERENCE TO LANCO

An essential method for assessing a company's soundness, performance, and longevity in operation is financial statement analysis, which entails poring over the three main financial statements (balance sheet, income statement, and cash flow statement). The purpose of this research is to use a variety of accounting ratios and trend analysis methods to examine the financial accounts of chosen businesses and draw conclusions on their liquidity, solvency, operational efficiency, profitability, and overall financial health. In order to extract useful information from financial records, the study use methods such horizontal and vertical analysis, comparative statements, and ratio analysis (including current, return on equity, and debt-equity ratios). Decisions about investments, loans, and strategic planning may be better made with the use of these techniques by stakeholders including creditors, management, and investors. Findings from the research highlight the importance of analysing financial statements when trying to predict a company's success. For more informed decisions, more openness, long-term company development, and more accurate performance reviews, accurate financial data interpretation is essential.