Finanční analýza cementárny

Abstract

This bachelor thesis is focused on financial analysis of a cement works Lafarge Cement, a. s., which aims to find out what problems the company has and then propose a solution. Among selected methods were horizontal and vertical analysis, financial ratios, Net Working Capital, Du Pont decomposition of ROE. Furthermore, bankruptcy and creditworthy models were processed. There were three bankruptcy models selected – Altman model, IN05 Index, Taffler's model. These models came out in values which gave the information, that the company is not heading for bankruptcy and does not find itself in a grey zone. Kralicek´s Quick test was the only chosen creditworthy model. This model informed about growing health of the company. Except for the liquidity ratios and the accounts receivables turnover ratio, the financial analysis indicators in Lafarge Cement a. s. achieved the recommended values.