The Analysis of Financial Equilibrium Through the Influence of Economic Performance: Case Study for the Romanian Clothing Industry
Teodora Maria Suciu (Avram) (),
Monica-Ioana Toader () and
Delia Bugnariu ()
Academic Journal of Economic Studies, 2019, vol. 5, issue 4, 103-108
Abstract:
The economic performance of the companies in the Romanian clothing industry can be analyzed through the profitability highlighted by its influence on the financial equilibrium. Considered an essential component of financial position and performance, profitability implies the ability of the company to obtain long-term future benefits in the form of the realized profit. The current research captures the factors influencing the economic performance on the financial equilibrium in the Romanian clothing industry in order to follow and improve the financial results for keeping the companies on the market within the competitive economy. The results of the research show that at the level of the company analyzed there is a negative correlation between certain rates described, therefore the company presents a poor financial situation. As the analysis of the financial equilibrium on the case study does not record values that would fit the company in the area of financial equilibrium, we consider that a detailed evaluation of the financial evolution of the company necessary.
Keywords: Economic performance; financial equilibrium; rates of return; Net Treasury; Romanian clothing industry (search for similar items in EconPapers)
JEL-codes: G32 L67 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:khe:scajes:v:5:y:2019:i:4:p:103-108
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