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, Latvia
Galina Hilkevica: Ventspils University College, Latvia

Entrepreneurship and Sustainability Issues, 2017, vol. 5, issue 2, 178-189

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)
JEL-codes: M20 M40 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:5:y:2017:i:2:p:178-189

DOI: 10.9770/jesi.2017.5.2(1)

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