Financial assessment of the bulgarian public companies Cover Image

Финансово оценяване на българските публични компании
Financial assessment of the bulgarian public companies

Author(s): Georgy Angelov
Subject(s): Economy
Published by: Бургаски свободен университет
Keywords: capital structure; share; profitability; assets; liquidity

Summary/Abstract: The crucial importance of manufacturing companies to the national economy is undeniable and is determined by their ability to create a product of labour. As a major economic agents together with the state, banks and households, firms and their specifically implemented financial results are used as a measure of the economic situation of each country. Financial assessment of companies could be defined as an indicator of their stability in terms of stagnation caused by the economic crisis. The purpose of this paper is to undertake a financial assessment of the Bulgarian public companies by applying the selected coefficient toolbox in the following directions: Capital structure, Valuation of shares, Profitability, Assets and Liquidity. Financial evaluation system is based on specially selected coefficient toolbox, composed on the basis of proven financial measurers. The companies with the highest market capitalization of the BG TR30 index of the Bulgarian Stock Exchange are analyzed for the five year period, the obtained results on this basis served as an assessment for the potential chances of the companies to maximize their financial situation and in this way to improve the operational and financial management of their activity.

  • Issue Year: 20/2015
  • Issue No: 02
  • Page Range: 87-101
  • Page Count: 14
  • Language: Bulgarian