The impact of financial balance indicators on the companies - Analysis on economic sectors

Authors

  • Iustin Dalea Faculty of Economics and Business Administration, West University of TimiÅŸoara

Abstract

The paper presents the result of a financial balance analysis of some companies, which are grouped in three economic sectors: manufacturing, construction and tourism.
The main focus consists in the impact of the three financial balance indicators have (floating capital, necessary working capital, net treasury) on the activities that underline each economic sector.
The applicative part of this paper is materialized in a scientific approach that includes a number of 27 companies, grouped after the domain, from Timis County, Romania, which has in view to obtain useful and perspective information concerning the financial balance, based on the specific behavior of the activity they perform, aiming also the possibility of taking useful and correct decisions.
This approach represents our own vision about the differences of achieving a financial balance state within each economic sector analyzed.

References

. Buglea, A., Lala, P. I. (2009). Analiză economico-financiară, Editura Mirton, Timişoara, p. 90

. Buşe, L. (2005). Analiză economico-financiară, Editura Economică, Bucureşti, p. 84

. Fabozzi, F. J., Peterson, P. P. (2003). Financial management and analysis, Second Edition, John Wiley & Sons, Inc., p. 5

. Higgins, R. C. (2009). Analysis for financial management, Mc Graw-Hill International Edition, Ninth Edition, p. 3

. Lala, P. I., Miculeac, E. M. (2009). Analiza financiară a întreprinderii, Editura Mirton, Timişoara, p. 72

. Luţac, Gh. (2004). Echilibrul: o provocare în teoria economică, Editura Sedcom Libris, Iaşi, p. 15

. Miculeac, E. M. (2004). Necesitatea şi rolul asigurării echilibrului financiar, Editura Dacia Europa Nova, Lugoj, 2004

. Mihai, I., Buglea, A., Ştefea, P. (1999). Analiza financiară a întreprinderii. Îndrumător metodologic, Editura Marineasa, Timişoara

. Petrescu, S. (2005). Analiză financiară aprofundată. Concepte-Metode-Studii de caz, Iaşi, p. 128

Downloads

Published

2014-11-24