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:	Emilia Grzegorzewska, Renata Stasiak-Betlejewska
Formato:	article
Lenguaje:	EN
Publicado:	University of Zagreb, Faculty of Forestry and Wood Technology 2015
Materias:	fi nancial liquidity debt level employment level furniture industry manufacturing Forestry SD1-669.5
Acceso en línea:	https://doaj.org/article/0c5987c8b6b14998b66502b9bff80a5b
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spelling	oai:doaj.org-article:0c5987c8b6b14998b66502b9bff80a5b2021-12-02T03:02:16ZThe Influence of Global Crisis on Financial Liquidity and Changes in Corporate Debt of the Furniture Sector in Poland10.5552/drind.2014.13420012-67721847-1153https://doaj.org/article/0c5987c8b6b14998b66502b9bff80a5b2015-01-01T00:00:00Zhttp://hrcak.srce.hr/file/195190https://doaj.org/toc/0012-6772https://doaj.org/toc/1847-1153This 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.Emilia GrzegorzewskaRenata Stasiak-BetlejewskaUniversity of Zagreb, Faculty of Forestry and Wood Technologyarticlefi nancial liquiditydebt levelemployment levelfurniture industrymanufacturingForestrySD1-669.5ENDrvna Industrija, Vol 65, Iss 4, Pp 315-322 (2015)
institution	DOAJ
collection	DOAJ
language	EN
topic	fi nancial liquidity debt level employment level furniture industry manufacturing Forestry SD1-669.5
spellingShingle	fi nancial liquidity debt level employment level furniture industry manufacturing Forestry SD1-669.5 Emilia Grzegorzewska Renata Stasiak-Betlejewska The Influence of Global Crisis on Financial Liquidity and Changes in Corporate Debt of the Furniture Sector in Poland
description	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.
format	article
author	Emilia Grzegorzewska Renata Stasiak-Betlejewska
author_facet	Emilia Grzegorzewska Renata Stasiak-Betlejewska
author_sort	Emilia Grzegorzewska
title	The Influence of Global Crisis on Financial Liquidity and Changes in Corporate Debt of the Furniture Sector in Poland
title_short	The Influence of Global Crisis on Financial Liquidity and Changes in Corporate Debt of the Furniture Sector in Poland
title_full	The Influence of Global Crisis on Financial Liquidity and Changes in Corporate Debt of the Furniture Sector in Poland
title_fullStr	The Influence of Global Crisis on Financial Liquidity and Changes in Corporate Debt of the Furniture Sector in Poland
title_full_unstemmed	The Influence of Global Crisis on Financial Liquidity and Changes in Corporate Debt of the Furniture Sector in Poland
title_sort	influence of global crisis on financial liquidity and changes in corporate debt of the furniture sector in poland
publisher	University of Zagreb, Faculty of Forestry and Wood Technology
publishDate	2015
url	https://doaj.org/article/0c5987c8b6b14998b66502b9bff80a5b
work_keys_str_mv	AT emiliagrzegorzewska theinfluenceofglobalcrisisonfinancialliquidityandchangesincorporatedebtofthefurnituresectorinpoland AT renatastasiakbetlejewska theinfluenceofglobalcrisisonfinancialliquidityandchangesincorporatedebtofthefurnituresectorinpoland AT emiliagrzegorzewska influenceofglobalcrisisonfinancialliquidityandchangesincorporatedebtofthefurnituresectorinpoland AT renatastasiakbetlejewska influenceofglobalcrisisonfinancialliquidityandchangesincorporatedebtofthefurnituresectorinpoland
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The Influence of Global Crisis on Financial Liquidity and Changes in Corporate Debt of the Furniture Sector in Poland

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