The Influence of Global Crisis on Financial Liquidity and Changes in Corporate Debt of the Furniture Sector in Poland
This paper presents the analysis of one of the main objectives of fl ow and debt levels of furniture manufacturing companies in Poland. The analysis includes the average values of the selected fi nancial ratios calculated for small, medium and large furniture manufacturing companies in 2007-2012,...
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| Autores principales: | , |
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| Formato: | article |
| Lenguaje: | EN |
| Publicado: |
University of Zagreb, Faculty of Forestry and Wood Technology
2015
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| Materias: | |
| Acceso en línea: | https://doaj.org/article/0c5987c8b6b14998b66502b9bff80a5b |
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| Sumario: | This paper presents the analysis of one of the main objectives of fl ow and debt levels of furniture
manufacturing companies in Poland. The analysis includes the average values of the selected fi nancial ratios
calculated for small, medium and large furniture manufacturing companies in 2007-2012, comparing them with
the results for the entire manufacturing sector. The study results show that furniture manufacturing companies
showed a higher ability to pay current liabilities with selected current assets and lower debt levels than industrial
companies in general. In addition, the analytical results indicate that there are differences in the liquidity ratios
of small, medium and large companies of the furniture industry. These companies also maintain different levels of
debt. It should be emphasized that in 2009-2011 there was a negative trend - the liquidity decrease and the debt
level increase. It mostly applied to companies of small and average level of employment. |
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