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The Evaluation Of The Financial Position On The Balancesheet In The Furniture Industry


  • Teodor Hada

    (‘1 Decembrie 1918‘ University of Alba Iulia Romania)

  • Radu Marginean

    (‘1 Decembrie 1918‘ University of Alba Iulia Romania)


The financial ratios provide in the economic and financial analysis very importantsynthesis information for analyzing a company, especially with regard to the financial positionthrough the Balance Sheet analysis and to the performance in the multitude of existing issues,through the Profit and Loss Account analysis. In the context of the significant geo-strategicchallenges of the XXI century, still marked by the imprint of the global financial crisis, thefinancial analysis can be a very useful tool in the complex process of making managementdecisions. The financial position of the company fairly represents the background of the entity, interms of financial stability and less in terms of economic and financial performance. In thisstudy, based on real financial data extracted from a major company from the furniture industryin Romania, we performed a dynamic analysis of a complex system of financial ratios, which canbe calculated from the Balance Sheet. The paper is useful both for theoreticians and forpractitioners, because the results position the company in the complexity of industry parameters,under the patrimonial structure of assets and liabilities and in terms of financial solvability.

Suggested Citation

  • Teodor Hada & Radu Marginean, 2014. "The Evaluation Of The Financial Position On The Balancesheet In The Furniture Industry," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 2(16), pages 1-16.
  • Handle: RePEc:alu:journl:v:2:y:2014:i:16:p:16

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    Balance Sheet analysis; financial position; financial ratios; the furniture industry.;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • G01 - Financial Economics - - General - - - Financial Crises


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