Assessment of Financial Performance of Telecommunication Company in Rwanda: A Case Study of Mtn Rwanda

ABSTRACT This research report entitled "Assessment of financial performance of Telecommunication Company in Rwanda" is a result of research carried out in M1N Rwanda. The major objective of the study was to examine the role of financial analysis on financial performance in M1N Rwanda, with reference to tools such as ratios as benchmark for measuring the benefit of the firms. The other objectives were to analyze short-term solvency and long-term solvency of M1N Rwanda; to analyze profitability of M1N Rwanda; to analyze asset utilization or efficiency of M1N Rwanda and to employ comparative statements analysis, common-size and trend analysis in assessing the strengths and weaknesses of M1N Rwanda. In this study, the research design used is analytical method. Analytical method allowed analyzing the data in order to identify the problems and get conclusions. M1N Rwanda is leading company in Rwandan telecommunication industry; it has saved significant growth, this research findings revealed better performance. The research indicated that the financial evaluation techniques play a vital role in assessing the financial performance of any organisation. Hence gives a base for decision making especially in the areas of financing, investment and asset management. Furthermore, MTN Rwanda is recommended to evaluate their financial strategy since it is shown by the research that M1N Rwanda depends largely on short-term loans and credits. This increased the burden of interest on loan to MTN Rwanda.