Financial Performance of Czech Sugar Refineries: Case Study Testing the Post-Crisis Period 2010-2013

DOI

10.2991/icaat-16.2016.43How to use a DOI?

Keywords

Sugar industry, financial performance, ratio analysis, bankruptcy and credibility indicators

Abstract

The main purpose of this paper is to evaluate and compare a financial performance of Czech sugar refineries within a period 2010-2013. Due to the availability of financial statements for the requested periods were analysed following public limited companies - Cukrovar Vrb tky, Tereos TTD, Litovelsk  cukrovarna and Moravskoslezsk, cukrovary. There is an applied standard financial analytical approach, i.e. there are performed ratio analysis and tested selected bankruptcy and credibility indexes for financial performance analysis. The results of this analysis point out the stability of this industry having as its leaders Cukrovar Vrb tky and Moravskoslezsk, cukrovary.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Download article (PDF)

TY  - CONF
AU  - Jiří Strouhal
AU  - Petra Štamfestová
PY  - 2016/12
DA  - 2016/12
TI  - Financial Performance of Czech Sugar Refineries: Case Study Testing the Post-Crisis Period 2010-2013
BT  - Proceedings of the 5th International Conference on Accounting, Auditing, and Taxation (ICAAT 2016)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/icaat-16.2016.43
DO  - 10.2991/icaat-16.2016.43
ID  - Strouhal2016/12
ER  -