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Financial Position – Overview of Economic Performance in the Energy Mining Industry

Author

Listed:
  • Marian Catalin Corici
  • Camelia Avram Boitos
  • Fulop Arpad Zoltan

Abstract

This study shall determine the economic performance of the entity in charge of mining – energy southwest region. Thus, the scientific approach is focused on the overall analysis of the financial position of the organization that operates the largest lignite deposit in Romania and contributes to ensuring the stability of the national energy system. This is an analysis of the patrimonial assets and liabilities and of the liquidity and solvency of the organization in the reference period. In this study we intend to get results that can be exploited by decision makers in the energy sector to improve the financial position of the organization with clear and strong future prospects.

Suggested Citation

  • Marian Catalin Corici & Camelia Avram Boitos & Fulop Arpad Zoltan, 2017. "Financial Position – Overview of Economic Performance in the Energy Mining Industry," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 7(1), pages 297-305, January.
  • Handle: RePEc:hur:ijaraf:v:7:y:2017:i:1:p:297-305
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    References listed on IDEAS

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    1. V.I. Ospishchev & I.V. Nagornaja, 2009. "Theoretical Substantiation Of Main Constituents Of Financial Position Of An Enterprise: Reliability, Solvency And Financial Stability," EuroEconomica, Danubius University of Galati, issue 1(22), pages 35-39, May.
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