ANALYSIS OF VARIATIONS IN PROFITABILITY AND INDEBTEDNESS OF AGRICULTURAL COMPANIES IN AP VOJVODINA
ANALYSIS OF VARIATIONS IN PROFITABILITY AND INDEBTEDNESS OF AGRICULTURAL COMPANIES IN AP VOJVODINA

Summary/Abstract: The measurement of agricultural companies in terms of profitability and indebtedness enables a real determination of the role and position of these companies in the agricultural sector in AP Vojvodina. The aim of the paper is to show the presence or absence of significant difference in the performance level of agricultural companies from the aspect of profitability and indebtedness. Agricultural companies in AP Vojvodina were more profitable and more indebted in the period before 2013 compared to the period after 2013. The results show that there is a significant difference in profitability level of agricultural companies in AP Vojvodina between the period before 2013 and after 2013. Using the MANOVA test, significant values for return on assets (ROA), return on equity (ROE) and net income per employee have been identified. On the other hand, results reflect there is no significant difference in the indebtedness level of agricultural companies in AP Vojvodina between the period before 2013 and after 2013.

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