Review article
https://doi.org/10.17818/NM/2016/SI28
Financial Analysis of an Average Transport Company in the Czech Republic
Marek Vochozka
orcid.org/0000-0001-9923-7814
; The Institute of Technology and Businesses in České Budějovice, Czech Republic
Zuzana Rowland
; The Institute of Technology and Businesses in České Budějovice, Czech Republic
Jaromír Vrbka
; University of Žilina Žilina, Slovak Republic
Abstract
The goal of this summary is to introduce shortly the financial analysis, the features typical for transport companies in general, and determine the financial characteristics of an average transport company in the Czech Republic. Financial analysis is an effective tool for the evaluation of enterprise financial efficiency. It is able to identify the strengths and weaknesses of a given enterprise. It is key tool for every transport company to measure and evaluate its efficiency. That will be helped by the balance sheet information, profit and loss statement information or cash flow statement. Ratios of profitability, activity ratios, Liquidity ratios, Debt ratios, absolute indicators, and the method of comprehensive evaluation of enterprise are used mainly. The data analysed in this contribution come from the Albertina database. It is the information of transport companies for the period of 2010 – 2014. Financial analysis of an average transport company is worked out based on the established data, and therefore the state of the future potential of transport in the Czech Republic. It can be claimed that the branch of transport is financially healthy and promising in the Czech Republic. Extension of growth, which has started already in 2011, is expected even further.
Keywords
financial analysis; financial health; transport company; branch of transport
Hrčak ID:
162598
URI
Publication date:
27.7.2016.
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