For today's citizens, the supply of drinking water and the disposal of liquid house hold waste is an absolute standard. Even in this sector, companies do notavoid certain financial problems. Therefore, these businesses must also apply at least some of the comprehensive evaluation methods in their activities. The aim oft he article is to apply of comprehensive evaluation methods in the financial analysis of the average water supply and waste-related enterprise in the CzechRepublic. For the purpose of this contribution, the financial statements of enter prises operating in this sector from 2013-2017 were used. For the analysis,the following comprehensive evaluation methods were used: Altman indexes for tradables and non-tradables in the financial markets, indexes IN95, IN99, IN01and IN05, Taffler, Grünwald and the rating index, and both Kralick's quick test variants. Furthermore, the financial indicators of EVA Equity and EVA Entity.Based on the results of applying these methods, it can be said that the industry iscurrently financially sound and future-proof. Significant improvements have beenmade by these enterprises in 2016 and 2017, as confirmed by most of the used comprehensive evaluation methods.
Application of comprehensive evaluation methods in the financial analysis of the average water supply and waste-related activities enterprise
Volume: 2/2018
Issue: 2
Author: Klára Skalníková, Jakub Horák
Keywords: financial analysis, water supply, waste management, ratios, absolute indicators, financial health