FINANCIAL ANALYSIS OF LIQUIDITY AND ACTIVITIES INDICATORS ON THE EXAMPLE OF THE COMPANY SRBIJAGAS
Keywords:
liquidity, profitability, financial analysis, balance sheet, income statementAbstract
The financial management of the company is based on information and monitoring of complex indicators of financial operations, ie financial analysis of operations. Business results represent certain material and financial effects or effects that the company achieves in a certain period of time. The business of the company is realized through the realization of numerous diverse and mutually conditioned activities that are grouped into appropriate functions. Functions are formulated as grouped related jobs of common tasks and goals. Financial analysis is a detailed examination of the financial and economic situation and business results of a particular company. It is performed on the basis of the financial reports of that company, where a realistic and objective picture of the company's strength is considered. With the help of financial analysis, the financial position and activity of the company are assessed. The balance sheet items themselves have a small analytical value, so the ratio numbers are calculated. Ratio numbers belong to the group of the most frequently used instruments for analytical presentation and assessment of the financial position of a company. These are relations and realizations of different economic quantities that can be important for the assessment of financial status. This paper analyzes, considers and systematizes financial indicators for assessing the business of a particular company. The main task and subject of this research is to determine the financial position, as well as the success of the company "Srbijagas" on the basis of indicators. The research procedure is performed on the basis of a comparative analysis of the content of documents and is included in the period from 01.01.2016 to 31.12.2019. During the analysis, the official accounting reports were used, which were taken from the website of the Serbian Business Registers Agency. The following were used as a starting point for the analysis: balance sheet, income statement, statement of other results, cash flow statement and notes to the financial statements. The financial indicators obtained by this analysis help the company to get better acquainted with its business and thus improve its position in the business environment
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