Publication detail

Determining the financial stability of construction companies in the czech republic

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"
}