ANALYSIS OF THE INFLUENCE OF THE PERFORMANCE OF THE PROFIT AND FINANCIAL POSITION IN THE PREDICTION OF BANKRUPTCY IN THE MEAT PROCESSING BRANCH

Miroslav Čavlin; Jelena Vapa Tankosić; Radomir  Jovanović; Marko  Pavlović

doi:10.59267/ekoPolj23041043C

Authors

Miroslav Čavlin Faculty of Economics and Engineering Management in Novi Sad, University Business Academy, Cvećarska 2, 21000 Novi Sad, Republic of Serbia https://orcid.org/0000-0001-7465-7441
Jelena Vapa Tankosić Faculty of Economics and Engineering Management in Novi Sad, University Business Academy, Cvećarska 2, 21000 Novi Sad, Republic of Serbia https://orcid.org/0000-0001-8062-1154
Radomir Jovanović University of Pristina, Faculty of Agriculture, Kopaonička Street nn, 38219 Lesak, Serbia https://orcid.org/0000-0001-7966-2768
Marko Pavlović Academy of Technical Vocational Studies, Belgrade, Katarine Ambrozić n. 3, 11120 Belgrade, Serbia https://orcid.org/0000-0003-1817-9734

DOI:

https://doi.org/10.59267/ekoPolj23041043C

Keywords:

liquidity, solvency, rentability, bankruptcy

Abstract

The issue of solvency, i.e. the risk of bankruptcy of the company, is always a subject of concern for management and stakeholders, especially creditors and investors. Understanding the impact of indicators of profitability, liquidity and dynamic solvency on the risk of bankruptcy expressed by Altman’s Z-score is the goal of the research, which is significant for both theory and practice. The research analyzes large companies from the branch of processing and preserving of meat of the Republic of Serbia for the five-year period 2018-2022. The findings for large companies for the processing and preserving of meat, based on regression analysis, show that ROA and Current Liquidity Ratio make a statistically significant contribution predicting the Altman Z score.

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