Ocena kondycji finansowej przedsiębiorstwa PGE

Grażyna Karmowska, Anita Małecka

Karmowska, Grażyna
Małecka, Anita
Ocena kondycji finansowej przedsiębiorstwa PGE
Evaluation of PGE company’s financial condition
Zeszyty Naukowe SGGW - Ekonomika i Organizacja Gospodarki Żywnościowej, 2009, vol., nr 76, s. 109-120

Abstract

Economical estimation rating should aid administrating, current and strategic. At present time, more and more important are methods to detect and evaluate threats for companies continue activity. For addition to traditional factor analysis there are discrimination functions to value bankruptcy threats. PGE company was used for research purposes (company activity: electric and heat energy generating, distribution and dealing). The aim was to estimate financial condition with the use of selected methods of economical analysis). Four models were selected: A. Hołda, E. Mączyńska, J. Gajdka and D. Stos, and the Poznań-based. On their basis it is possible to certify that the company did not belong to the bankruptcy endangered entities. Despite the fact that, specific factors (quick ratio, current ratio, return on equity, return on assets, return on sales, capital multiplier, total asset turnover) indicated that the company’s financial condition should be monitored due to a descending tendencies.