Metodyczne aspekty ujęcia płynności finansowej w metodach oceny kondycji finansowej przedsiębiorstwa
Methodological aspects of approach to liquidity in methods for assessing financial standing of an enterprise

Summary/Abstract: The article attempts to critically review the methodological assumptions of the liquidity analysis in the synthetic methods for assessing the financial standing of an enterprise (in 12 bank methods and in 72 discriminatory and logit models). It shows numerous methodological simplifications and inconsistencies in interpretation of liquidity indicators. A critical reference has been made to the commonly occurring phenomenon of neglecting the criterion of their branch differences. In the survey of the national discrimination and logit models, most commonly the current ratio has been used (26 models). Quick ratio is used only in 6, and the cash flow ratio in just two models. Surprisingly, in as many as 20 models liquidity ratios have been neglected.

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