The field of forestry and logging is generally considered to be a basic and very important branch of the national economy. It belongs to the primary sector and is characterized by a great dependence on natural conditions, the time difference between production and other working processes or seasonality. Financial analysis tools can be used to measure the financial characteristics of businesses operating in this field. This article aims to determine the financial characteristics of the average forestry and logging enterprise in the Czech Republic and, on the basis of the findings, to carry out a financial analysis of this average enterprise. Data(financial statements - balance sheet, profit and loss account, cash flow statement)from the Albertina database for 2012-2016 are used. An analysis of absolute indicators and an analysis of ratios are carried out. On the basis of the information found, it can be argued that the forestry and logging industries are not financially sound and prosperous in the Czech Republic.
Financial analysis of the average forestry and logging enterprise/ Finanční analýza průměrného podniku zabývajícího se lesnictvím a těžbou dřeva
Volume: 1/2018
Issue: 1
Author: Jakub HORÁK
Keywords: financial analysis, forestry and logging, ratio indicators, absolute indicators, financial health/finanční analýza, lesnictví a těžba dřeva, poměrové ukazatele, absolutní ukazatele, finanční zdraví
The field of forestry and logging is generally considered to be a basic and very important branch of the national economy. It belongs to the primary sector and is characterized by a great dependence on natural conditions, the time difference between production and other working processes or seasonality. Financial analysis tools can be used to measure the financial characteristics of businesses operating in this field. This article aims to determine the financial characteristics of the average forestry and logging enterprise in the Czech Republic and, on the basis of the findings, to carry out a financial analysis of this average enterprise. Data(financial statements - balance sheet, profit and loss account, cash flow statement)from the Albertina database for 2012-2016 are used. An analysis of absolute indicators and an analysis of ratios are carried out. On the basis of the information found, it can be argued that the forestry and logging industries are not financially sound and prosperous in the Czech Republic.