%0 Journal Article
%T A New Approach to the Capital Adequacy Assessment of Companies
%A Bergant
%A £¿ivko
%J -
%D 2019
%X Sa£¿etak The author proposes a new model for assessing a company¡®s insolvency risk. The model is based on financial statement data available from companies¡® annual reports, meaning that the results can be obtained for investors, banks and other interested parties. It is an excellent tool for performing a fast analysis of business partners and their financial stability. Three main indicators are formulated; these are also mathematically connected. They therefore enable the analyst to obtain more than 19 quantified statements about a company¡®s financial balance. Indicators are based on a theoretical background of net working capital, which is compared with long term liability requirements. They are suitable for analyzing a particular industry as a whole. Indicators are empirically tested on the sample of 1,856 companies in Slovenia over three years
%K insolvency
%K capital adequacy
%K financing structure
%K indicators
%U https://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=327727