Metody oceny kondycji finansowej spółki akcyjnej. Studium przypadku
The study of case and effect between the financial condition and financial indicators of joint stock company
Author(s): Rafał PiteraSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: financial analysis; financial condition; discriminatory methods; business failure; financial ratios;
Summary/Abstract: This article attempts to comprehensively evaluate the effectiveness and convergence of methods of analyzing the financial condition of a joint stock company in three cross-sections: early warning systems, classical indicator analysis and capital market position indicators. The problem was shown on the example of the analysis of empirical data for the years 2007-2013, derived from the company’s Zakłady Magnezytowe Ropczyce S.A. which is listed on the Warsaw Stock Exchange in Warsaw. For testing were used financial ratios, as well as models using discriminant function. The results were compared with the sectoral indices published in the Rachunkowość journal. In addition, capital market indices were used in the study. The values of individual meters are in practice very often used to assess the company by stock market investors. They are also one of the basic tools of fundamental analysis. The sub-summation of the article is the results of the individual tools and an attempt to evaluate them in terms of effectiveness in estimating the financial situation.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2017
- Issue No: 472
- Page Range: 326-343
- Page Count: 18
- Language: Polish