Konferencja:

17th International Conference Hradec Economic Days 2019

Abstrakt EN:

The development of a financial situation of a given company, in other words accounting liquidity has a direct impact on the shape of the current situation of an enterprise and the future prospects. The economic theory has not clearly defined so fara groupof indexes that may be used for an objective analysis of the financial situation of the studied enterprise. The accounting liquidity directly influences the level of the enterprise profitability. In spite of dependency and correlation between profit and liquidity of an enterprise the two phenomena should be divided to a certain extent as they occure in two different time periods. In the process of management an increase of a profit does not always result in possessing greater financial resources. The conducted studies clearly indicate the specific companies belonging to the WIG-Food index in the years 2011-2018, which were characterised by the highest level of profitability. At the same time the companies with a low level of profitability were selected in the research process. The following profitability indexes were used in the study: return on sales (ROS), return on equity (ROE) and return on assets (ROA). The main aim of the studies was to indicate the factors responsible for development of profitability of the selected companies, which in the years 2011-2018 belonged to the WIG-Food index using the basic Du Pont model. (original abstract)

Język:

eng