1. FINANCIAL LIQUIDITY AND PROFITABILITY ASSESSMENT OF TRANSPORT AND LOGISTICS COMPANIES LISTED ON THE WARSAW STOCK EXCHANGE.
- Author
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PADUSZYŃSKA, Marta
- Subjects
LIQUIDITY (Economics) ,LISTING of securities ,RATIO analysis ,RATE of return ,PROFITABILITY - Abstract
Purpose: An assessment of the condition of companies listed on the Warsaw Stock Exchange, operating in the 'Transport and Logistics' sector, taking into account liquidity and profitability indicators. Design/methodology/approach: The study was carried out using ratio analysis in the areas of liquidity and profitability. Consolidated financial data obtained through the Notoria Serwis database was used. In assessing the company's liquidity situation, ratios in static terms were used, such as the current liquidity ratio, the accelerated liquidity ratio, and the immediate liquidity ratio. The return on equity and the return on assets were used to examine the profitability area. Findings: The results showed that the companies surveyed between 2015 and 2021, were characterised by a negative liquidity situation. This represents a significant problem, especially given the range of challenges facing companies today. The best situation in the period under study was characterised by the company Stalexport Autostrady S.A included in the sub-sector "transport and logistics: other". Slightly better results of the companies in the subsectors under consideration were recorded in the area of profitability, both equity and assets. Originality/value:. The assessment of the financial situation in the perspective of the last few years of business entities' activities is a valuable source of information for both theory and practice, as it allows the identification of areas requiring corrective action on the part of the analysed entities. This is important especially in the context of a number of challenges facing businesses today and adapting to the changing socioeconomic environment (e.g. the resilience of business entities to crisis situations). It is also possible to mention necessary actions aimed at preserving the principles of sustainable development. [ABSTRACT FROM AUTHOR]
- Published
- 2023
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