Growth Analysis Based on Financial Ratios-Experience from Sugar Industry

Authors

  • Dušan Saković University of Novi Sad, Faculty of Economics in Subotica, Serbia
  • Dejan Jakšić University of Novi Sad, Faculty of Economics in Subotica, Serbia
  • Kristina Mijić University of Novi Sad, Faculty of Economics in Subotica, Serbia

DOI:

https://doi.org/10.46541/978-86-7233-386-2_35

Keywords:

growth, financial ratios, sugar industry

Abstract

The paper analyzes the growth of the leading sugar companies in period 2016-2018. The research is based on the application of quantitative indicators of company growth (base and chain indices) based on data from the financial statements of the company from 2016-2018. Enterprise growth was measured on the basis of asset growth, capital growth, growth in sales revenue, net results and growth in the return on assets. Correlation analysis indicates that there is a positive, but not significant, relationship between growth indicators of sales revenue, equity and company assets. In 2018, there was a significant decline in sales revenue, while average growth indicators indicate a decrease in value of both assets and capital in 2016-2018.

Published

2020-07-10

How to Cite

Saković, D., Jakšić, D., & Mijić, K. (2020). Growth Analysis Based on Financial Ratios-Experience from Sugar Industry. International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management. https://doi.org/10.46541/978-86-7233-386-2_35 (Original work published July 10, 2020)

Issue

2020: Proceedings of the 25th International Scientific Conference Strategic Management and Decision Support Systems in Strategic Management

Section

Articles