Analýza rentability společnosti ČSAD Ostrava a.s.

Abstract

The theme of the Bachelor´s thesis is profitability analysis of a company. The aim of the thesis was to evaluate and sum up the profitability of the joint-stock comapny ČSAD Ostrava within years 2003 to 2007. Indicators of profitability were calculated, graphically demonstrated and interpreted. Partial influences of the constituent indicators were analyzed by deviation´s analysis with regard to the top indicator – which is indicator of Return on Equity. In the theoretical part of this thesis is described the core of financial analysis, its inputs and types of end users. There is explained the reason and way of calculation of the basic ratio indicators, which belongs to elementary methods of the financial analysis, their breakdown including deviation´s analysis of top indicators. The practical part includes performance of the company ČSAD Ostrava, calculations of ratio indicators and the breakdown of the indicator Return on Equity. Regarding the results of the financial analysis it can be said that the company´s effectiveness was not profitable, nevertheless without any theat of bankruptcy. In conclusion of the thesis there are recommended some actions how to improve the next trend of profitability indicators in the subsequent years.