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HORT, E. VÍTKOVÁ, E.
Original Title
Determining the financial stability of construction companies in the czech republic
Type
article in a collection out of WoS and Scopus
Language
English
Original Abstract
Construction companies are often confronted with financial problems that may hinder their long-term successful operation. Stability is a necessary criterion for a company's long-term presence on the market. In the current situation, construction companies face a number of challenges that can be a serious problem for large companies as well. In order for a company to be able to successfully meet these challenges, it must be financially stable. Financial analysis is one of the tools of business management, based on values already achieved in the past, this method helps to measure the impact of business activities on the company itself. Using selected methods of financial analysis, the financial situation of individual construction companies will be analyzed. The paper deals with selected major construction companies in the Czech Republic and deals with the determination of the values of selected ratios in the financial analysis focusing on the financial stability of companies, namely the liquidity and indebtedness of the company. The selected time period for the financial analysis was the years 2016-2020. Input information for financial analysis is data from the financial statements of construction companies. Individual ratios were chosen as methods of financial analysis. The values obtained by applying the methods of financial analysis will be compared with national values in the field of construction and evaluated. Financial analysis can therefore be used as a tool to evaluate the processes taking place within the company, in particular, it provides a basis for business management and decision-making regarding the future direction of the company.
Keywords
Construction Companies; Liquidity Ratio; Debt Ratio; Financial Stability; Czech Republic
Authors
HORT, E.; VÍTKOVÁ, E.
Released
18. 11. 2021
Publisher
Varazdin Development and Entrepreneurship Agency
Location
Varazdin, Croatia
ISBN
1849-7535
Periodical
Book Series: International Scientific Conference on Economic and Social Development
Year of study
2021
Number
74
State
Republic of Croatia
Pages from
283
Pages to
290
Pages count
8
URL
https://www.esd-conference.com/past-conferences
BibTex
@inproceedings{BUT175748, author="Eva {Hort} and Eva {Vítková}", title="Determining the financial stability of construction companies in the czech republic", year="2021", journal="Book Series: International Scientific Conference on Economic and Social Development", volume="2021", number="74", pages="283--290", publisher="Varazdin Development and Entrepreneurship Agency", address="Varazdin, Croatia", issn="1849-7535", url="https://www.esd-conference.com/past-conferences" }