first see cash flow statement wether it is positive or negative and then go to profit and loss statement and after check balance sheet of the company. check ratios like gross profit ratio, net profit ratio, debt ratio, interest coverage ratio,
I responded with how recesssion is a part of an economy cycle like boom and hence companies must prepare for it in advance. During recession, the key words should be optimization of resources, both financial and human.
1) Estimate total number of people with a mobile based on population, income level, age brackets 2) Estimate the number of people that will buy a handset for the first time (again based on age, income level and population) in the next year 3) Estimate the number of people that will replace or buy an additional handset in the next year