Financial position analysis of agricultural enterprises in Republic of Srpska

This text focuses on the most important indicators of financial position such as financial balance (liquidity), indebtedness and solvency. Since 72% of total enterprises of agricultural industry in Republic of Srpska has no short-term liquidity, 68% of them has no long-term liquidity, 63% of enterpr...

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Main Authors: Stojanović Tamara, Stojanović Stevica
Format: Article
Language:English
Published: University of Banja Luka - Faculty of Agriculture, Banja Luka 2015-01-01
Series:Agroznanje
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/2233-0070/2015/2233-00701504549S.pdf
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author Stojanović Tamara
Stojanović Stevica
author_facet Stojanović Tamara
Stojanović Stevica
author_sort Stojanović Tamara
collection DOAJ
description This text focuses on the most important indicators of financial position such as financial balance (liquidity), indebtedness and solvency. Since 72% of total enterprises of agricultural industry in Republic of Srpska has no short-term liquidity, 68% of them has no long-term liquidity, 63% of enterprises has more than 50% of financial sources financed through debt, and 66% of them is insolvent from the banking sector point of view, it can be concluded that majority of agricultural companies' financial position is between acceptable and bad. Although this analysis does not include farms which are main pillars of agricultural production in Republic of Srpska, the suboptimal financial position of majority of agricultural companies in Republic of Srpska indicates that the whole industry has financial problems and needs systematic measures for overcoming the causes of such position and improving not only financial but the whole economic position of agriculture as industry.
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spelling doaj.art-4ec0724eaf814f2898ad65117a49c6f02024-04-16T13:35:03ZengUniversity of Banja Luka - Faculty of Agriculture, Banja LukaAgroznanje2233-00702015-01-0116454955710.7251/AGRSR1504549S2233-00701504549SFinancial position analysis of agricultural enterprises in Republic of SrpskaStojanović Tamara0Stojanović Stevica1Univerzitet u Banjoj Luci, Poljoprivredni fakultet, Banja Luka, Republika Srpska, Bosna i HercegovinaDUIF "Polara invest" a.d. Banja Luka, Republika Srpska, Bosna i HercegovinaThis text focuses on the most important indicators of financial position such as financial balance (liquidity), indebtedness and solvency. Since 72% of total enterprises of agricultural industry in Republic of Srpska has no short-term liquidity, 68% of them has no long-term liquidity, 63% of enterprises has more than 50% of financial sources financed through debt, and 66% of them is insolvent from the banking sector point of view, it can be concluded that majority of agricultural companies' financial position is between acceptable and bad. Although this analysis does not include farms which are main pillars of agricultural production in Republic of Srpska, the suboptimal financial position of majority of agricultural companies in Republic of Srpska indicates that the whole industry has financial problems and needs systematic measures for overcoming the causes of such position and improving not only financial but the whole economic position of agriculture as industry.https://scindeks-clanci.ceon.rs/data/pdf/2233-0070/2015/2233-00701504549S.pdfpositionagricultureliquidityindebtednesssolvency
spellingShingle Stojanović Tamara
Stojanović Stevica
Financial position analysis of agricultural enterprises in Republic of Srpska
Agroznanje
position
agriculture
liquidity
indebtedness
solvency
title Financial position analysis of agricultural enterprises in Republic of Srpska
title_full Financial position analysis of agricultural enterprises in Republic of Srpska
title_fullStr Financial position analysis of agricultural enterprises in Republic of Srpska
title_full_unstemmed Financial position analysis of agricultural enterprises in Republic of Srpska
title_short Financial position analysis of agricultural enterprises in Republic of Srpska
title_sort financial position analysis of agricultural enterprises in republic of srpska
topic position
agriculture
liquidity
indebtedness
solvency
url https://scindeks-clanci.ceon.rs/data/pdf/2233-0070/2015/2233-00701504549S.pdf
work_keys_str_mv AT stojanovictamara financialpositionanalysisofagriculturalenterprisesinrepublicofsrpska
AT stojanovicstevica financialpositionanalysisofagriculturalenterprisesinrepublicofsrpska