FINANCIAL POSITION OF THE BULGARIAN PUBLIC COMPANIES FOR THE PERIOD 2007-2013. MODEL POZNAN Cover Image

ОЦЕНКА НА ФИНАНСОВОТО СЪСТОЯНИЕ НА БЪЛГАРСКИ ПУБЛИЧНИ ДРУЖЕСТВА ЧРЕЗ МОДЕЛ ПОЗНАНСКИ ПО ДАННИ ОТ ПЕРИОДА 2007 - 2013 Г
FINANCIAL POSITION OF THE BULGARIAN PUBLIC COMPANIES FOR THE PERIOD 2007-2013. MODEL POZNAN

Author(s): Atanas Delev
Subject(s): Economy
Published by: ЮГОЗАПАДЕН УНИВЕРСИТЕТ »НЕОФИТ РИЛСКИ«
Keywords: Bankruptcy; Net Return on Assets; Quick Ratio; Non-Financial Companies

Summary/Abstract: The article presents an analysis of the financial position of the Bulgarian non-financial public companies. The data used are for the period 2007-2013. The bankruptcy prediction models are characterized by a high degree of accuracy of the forecasts, but also with a certain amount of error. Net return on assets and quick ratio are analyzed. The share of financially distressed enterprises increased during the period. Policy management of the companies should be carried out. Main reasons for the financial difficulties are deteriorating economic conditions, inadequate preparation and untimely actions of companies.

  • Issue Year: 3/2015
  • Issue No: 1
  • Page Range: 97-114
  • Page Count: 18
  • Language: Bulgarian