Trends and factors of assets and capital in enterprises of primary agricultural production

A smooth entrepreneurial activity requires adequate cash flows. This need is quantified due to the special position of primary agricultural production. The required volume, structure, quality and availability of financial resources creates economic framework for decision making and managing entrepre...

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Main Authors: Ž. Hacherová, P. Szovics
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2006-08-01
Series:Agricultural Economics (AGRICECON)
Subjects:
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-200608-0006_trends-and-factors-of-assets-and-capital-in-enterprises-of-primary-agricultural-production.php
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author Ž. Hacherová
P. Szovics
author_facet Ž. Hacherová
P. Szovics
author_sort Ž. Hacherová
collection DOAJ
description A smooth entrepreneurial activity requires adequate cash flows. This need is quantified due to the special position of primary agricultural production. The required volume, structure, quality and availability of financial resources creates economic framework for decision making and managing entrepreneurial activities. The results show the lack of total capital in connection to the needs of investment processes and ensuring operational activities in the selected enterprises. Both legal entities (agricultural cooperatives and business enterprises) decreased the total volume of assets and total liabilities in 2004. The economic result was improved in both types of legal entities, in the case of cooperatives by 3 525 SKK/ha a.l. and in business companies by 1 840 SKK/ha a.l. Receivables and payables also decreased, cash flows from business activities have increased. There is a decrease in the balances of the existing loans and new loans were provided by commercial banks for enterprises in primary agricultural production.
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spelling doaj.art-ce9421236d764daf8f4f32937053b5bb2023-02-23T03:23:09ZengCzech Academy of Agricultural SciencesAgricultural Economics (AGRICECON)0139-570X1805-92952006-08-0152837938410.17221/5038-AGRICECONage-200608-0006Trends and factors of assets and capital in enterprises of primary agricultural productionŽ. Hacherová0P. Szovics1Slovak University of Agriculture, Nitra, Slovak RepublicSlovak University of Agriculture, Nitra, Slovak RepublicA smooth entrepreneurial activity requires adequate cash flows. This need is quantified due to the special position of primary agricultural production. The required volume, structure, quality and availability of financial resources creates economic framework for decision making and managing entrepreneurial activities. The results show the lack of total capital in connection to the needs of investment processes and ensuring operational activities in the selected enterprises. Both legal entities (agricultural cooperatives and business enterprises) decreased the total volume of assets and total liabilities in 2004. The economic result was improved in both types of legal entities, in the case of cooperatives by 3 525 SKK/ha a.l. and in business companies by 1 840 SKK/ha a.l. Receivables and payables also decreased, cash flows from business activities have increased. There is a decrease in the balances of the existing loans and new loans were provided by commercial banks for enterprises in primary agricultural production.https://agricecon.agriculturejournals.cz/artkey/age-200608-0006_trends-and-factors-of-assets-and-capital-in-enterprises-of-primary-agricultural-production.phpassetscapitalequitypayableseconomic result
spellingShingle Ž. Hacherová
P. Szovics
Trends and factors of assets and capital in enterprises of primary agricultural production
Agricultural Economics (AGRICECON)
assets
capital
equity
payables
economic result
title Trends and factors of assets and capital in enterprises of primary agricultural production
title_full Trends and factors of assets and capital in enterprises of primary agricultural production
title_fullStr Trends and factors of assets and capital in enterprises of primary agricultural production
title_full_unstemmed Trends and factors of assets and capital in enterprises of primary agricultural production
title_short Trends and factors of assets and capital in enterprises of primary agricultural production
title_sort trends and factors of assets and capital in enterprises of primary agricultural production
topic assets
capital
equity
payables
economic result
url https://agricecon.agriculturejournals.cz/artkey/age-200608-0006_trends-and-factors-of-assets-and-capital-in-enterprises-of-primary-agricultural-production.php
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