Financial position of any company can be easily evaluated through its profitability, liquidity, solvency and activity ratios. Ratio analysis is one of the most easiest and competent tool to evaluate the financial soundness of a company. In this paper the financial health of MMTC has been evaluated by using ratio analysis and the chances of bankruptcy in the near future is evaluated with the help of Z score developed by Prof. Edward I. Altman (1968). From the study of five years (2007-08 to 2011-12), it is deduced from the analysis that profit earning capacity and short term investing capacity of MMTC is quite good, but its financing position of assets is comparatively poor. However the Z score value indicates that it is in a strong position, and it has no chances of being bankrupt in the next two years.
Keywords: Bankruptcy, Financial Performance, Ratio Analysis, Z Score