Sustainability and Solvence analysis: a study of selected companies of open capital of the sugar sector and alcohol in Brazil
The sugar and alcohol sector in Brazil now suffered transformations in its dynamics in in the last five years, as prices in the domestic and international market for low sugar and limitations to the production of ethanol and other relevant factor are higher production cost, and higher standards of p...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | Portuguese |
| Published: |
Universidade Estadual de Londrina
2015-12-01
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| Series: | Economia & Região |
| Subjects: | |
| Online Access: | http://www.uel.br/revistas/uel/index.php/ecoreg/article/view/22966 |
| _version_ | 1818148053990768640 |
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| author | Leuter Duarte Cardoso Júnior Clévia Israel Faria França Irene Domenes Zapparoli Nathália Caroline Faria |
| author_facet | Leuter Duarte Cardoso Júnior Clévia Israel Faria França Irene Domenes Zapparoli Nathália Caroline Faria |
| author_sort | Leuter Duarte Cardoso Júnior |
| collection | DOAJ |
| description | The sugar and alcohol sector in Brazil now suffered transformations in its dynamics in in the last five years, as prices in the domestic and international market for low sugar and limitations to the production of ethanol and other relevant factor are higher production cost, and higher standards of production sustainability. Economic literature discuss the existence of a crises after 2008. The objective of the article is to verify the solvency of Biosev and São Martinho companies during the period 2012 and 2014. For solvency analysis we used models of discriminant analysis: Kanitz, Matias and Elizabetsky and to make it possible to use the models to data collected by means of accounting and financial statements of companies. The main result is that companies have low liquidity and are insolvent according to the discriminant analysis models used. |
| first_indexed | 2024-12-11T12:45:02Z |
| format | Article |
| id | doaj.art-d20be9eb4d0b4021979ef4ead28c654c |
| institution | Directory Open Access Journal |
| issn | 2317-627X |
| language | Portuguese |
| last_indexed | 2024-12-11T12:45:02Z |
| publishDate | 2015-12-01 |
| publisher | Universidade Estadual de Londrina |
| record_format | Article |
| series | Economia & Região |
| spelling | doaj.art-d20be9eb4d0b4021979ef4ead28c654c2022-12-22T01:06:51ZporUniversidade Estadual de LondrinaEconomia & Região2317-627X2015-12-01328910810.5433/2317-627X.2015v3n2p89Sustainability and Solvence analysis: a study of selected companies of open capital of the sugar sector and alcohol in BrazilLeuter Duarte Cardoso Júnior0Clévia Israel Faria França1Irene Domenes Zapparoli 2Nathália Caroline Faria 3Universidade Estadual de Londrina Universidade Estadual de Londrina Universidade Estadual de Londrina Universidade Estadual de Londrina The sugar and alcohol sector in Brazil now suffered transformations in its dynamics in in the last five years, as prices in the domestic and international market for low sugar and limitations to the production of ethanol and other relevant factor are higher production cost, and higher standards of production sustainability. Economic literature discuss the existence of a crises after 2008. The objective of the article is to verify the solvency of Biosev and São Martinho companies during the period 2012 and 2014. For solvency analysis we used models of discriminant analysis: Kanitz, Matias and Elizabetsky and to make it possible to use the models to data collected by means of accounting and financial statements of companies. The main result is that companies have low liquidity and are insolvent according to the discriminant analysis models used.http://www.uel.br/revistas/uel/index.php/ecoreg/article/view/22966sustainability performancesugar and alcohol sectordiscriminant modelfinancial analysis |
| spellingShingle | Leuter Duarte Cardoso Júnior Clévia Israel Faria França Irene Domenes Zapparoli Nathália Caroline Faria Sustainability and Solvence analysis: a study of selected companies of open capital of the sugar sector and alcohol in Brazil Economia & Região sustainability performance sugar and alcohol sector discriminant model financial analysis |
| title | Sustainability and Solvence analysis: a study of selected companies of open capital of the sugar sector and alcohol in Brazil |
| title_full | Sustainability and Solvence analysis: a study of selected companies of open capital of the sugar sector and alcohol in Brazil |
| title_fullStr | Sustainability and Solvence analysis: a study of selected companies of open capital of the sugar sector and alcohol in Brazil |
| title_full_unstemmed | Sustainability and Solvence analysis: a study of selected companies of open capital of the sugar sector and alcohol in Brazil |
| title_short | Sustainability and Solvence analysis: a study of selected companies of open capital of the sugar sector and alcohol in Brazil |
| title_sort | sustainability and solvence analysis a study of selected companies of open capital of the sugar sector and alcohol in brazil |
| topic | sustainability performance sugar and alcohol sector discriminant model financial analysis |
| url | http://www.uel.br/revistas/uel/index.php/ecoreg/article/view/22966 |
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