Course detail

Financial Analysis in Construction Company

FAST-NVB054Acad. year: 2023/2024

Financial analysis, users of financial analysis, data for financial analysis, sense of financial analysis.
Index types - difference indexes, ratio indexes.
Indexes of structure of capital, personal capital quota, capital structure, solidity of I., II., and III. degree. Profitability indexes, ROE, ROA, analyses of profitability indexes.
Financial lever, risks.
Cash - flow in financial analysis.
Total indexes, Quick – test. DuPont’s pyramid, Altmann’s index of financial health.

Language of instruction

Czech

Number of ECTS credits

3

Mode of study

Not applicable.

Guarantor

Ing. Eva Vítková, Ph.D.

Department

Institute of Structural Economics and Management (EKR)

Entry knowledge

Knowledge of Accounting, knowledge and orientation in prescribed accounting terms.

Rules for evaluation and completion of the course

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Aims

Be able, pursuant to account sheet, to calculate basic indexes of financial analysis and to interpret them rightly.
Be able, pursuant to account sheet, to calculate basic indexes of financial analysis.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Nývltová, R.; Základy finančního řízení podniku, Grada, 2018, ISBN 978-80-271-0194-8 (CS)
Růčková, P.; Finanční analýza . metody, ukazatele, využití v praxi, Grada, 2021, ISBN 978-80-271-3124-2 (CS)
Vítková, E.; Chovancová, J.; Finanční analýza ve stavebním podniku, studijní opory, 2015, VUT FAST. (CS)

Recommended reading

Čižinská, R.; Základy finančního řízení podniku, Grada, 2018, ISBN 978-80-271-0194-8  (CS)
Jack Alexander; Financial Planning and Analysis and Performance Management, John Wiley and Sons Inc, 2018, ISBN 9781119491484 (EN)

Classification of course in study plans

  • Programme NPC-SIE Master's 2 year of study, winter semester, compulsory-optional

Type of course unit

 

Exercise

39 hod., compulsory

Teacher / Lecturer

Ing. Eva Vítková, Ph.D.

Syllabus

1. Basic areas of financial analysis, its sense, sorts of indexes. Users of financial analyses. Orientation in account sheets.

2. Index creation, their interpretation and predicable efficiency. Calculation of solidity indexes. Analysis of indexes, influences on their amount. Appreciation and estimation of results. Calculation of indexes of financial stability. Meaning, using. Influences having effect on values of these indexes.

3. Indexes of turns. General formula. Calculation of separate indexes, their analysis and recommendation for management of turns. Indexes of profitability. Production of separate indexes and their interpretation. Comparison of separate methods of calculation of profitability. Evaluation and recommendation.

4. Evaluation of analysed company on base of existing results. Report of financial analytic with final recommendations.

5. Total indexes of financial analysis – Altmann’s index, fast test, pyramidal analysis.

6.–7. Comparing of results of analysis by comparing of results of particular and total indexes.

8.–9. Financial plans editing on the basis of financial analyses results. Individual processing of FA analytic’s report based included, based on simplified example.

10. Credit test.