IDEAS home Printed from https://ideas.repec.org/a/alu/journl/v2y2014i16p16.html
   My bibliography  Save this article

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

Author

Listed:
  • Teodor Hada

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

  • Radu Marginean

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

Abstract

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
    as

    Download full text from publisher

    File URL: http://oeconomica.uab.ro/upload/lucrari/1620142/16.pdf
    Download Restriction: no

    More about this item

    Keywords

    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alu:journl:v:2:y:2014:i:16:p:16. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dan-Constantin Danuletiu). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.