New information technologies use for Latvian stock companies financial health evaluation

Sergejs Hilkevics and Galina Hilkevica
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Sergejs Hilkevics: Ventspils University College
Galina Hilkevica: Ventspils University College

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Abstract: Financial health of companies in certain region is the foundation on which the prosperity of region is based. If companies in region are healthy and successful, there are good reasons to believe that all social problems can be solved relatively easy. Regional economic development in Latvia at present time happens inhomogeniously – there is a growing region near Riga where economic and social development is going very good, and there are regions where results are worse. The main purpose of this paper is to describe, apply and provide critical review the existing information technologies based possibilities for Latvian companies' financial health evaluation. We focus on the set of financial ratios necessary for economic health evaluation and homepages parsing based methods for these ratios determination for Latvian companies.

Keywords: new information technologies; fundamental analysis (search for similar items in EconPapers)
Date: 2017-12-29
New Economics Papers: this item is included in nep-cis and nep-tra
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Published in Entrepreneurship and Sustainability Issues, 2017, 5 (2), pp.178 - 189. ⟨10.9770/jesi.2017.5.2(1)⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01703267

DOI: 10.9770/jesi.2017.5.2(1)

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