Project Title Ratio Analyzer (RAN)
Project Category Innovation
Abstract New entrepreneurs generally struggle to sustain their business in the first few years due to financial management incompetency. Their inability to provide analyses for the overall business conditions such as profitability, liquidity, efficiency and leverage eventually leads the business to failure. The Ratio Analyser (RAN) is an analysis tool that enables its user to run ratio analysis for the business. The tool uses forecasted figures to oversee their business ability in terms of future performance including profitability, liquidity, efficiency and leverage ratio. It provides initial prediction for business performance based on the financial management analysis. RAN is useful for someone who just plan to start business in getting information on return of asset, return on equity, forecasting sales, revenues and profit, and most important is preventing losses in doing business. Entrepreneurs will be able to expect the performance of their business, which improves decision-making processes related to financial management. This effectively reduces the business risk. RAN is highly effective as a fundamental tool for SWOT, and Investment Cost and Benefit analyses for new businesses. Investors would also greatly benefit in using this tool when screening for businesses with optimal potential. Furthermore, higher education institutes may implement the tool for training students in accurately assessing business performances as part of their syllabus.
Validation Status Validated
Validation Date 2019-01-02


Staff Status
Mohamad Izwan Bin Ismail, Dr Member
Ros Anizah binti Mi'ad Member


Event Name Event Date Event Level Achievement Event Venue
1st Digitalised International Invention, Innovation and Design Competition (DIID Johor 2018) 2018-08-28 International Silver UiTM Cawangan Johor