<abstract xmlns="http://www.w3.org/1999/xhtml">Aim: The aim of the paper is to assess the usefulness of sectoral means in financial analyses of enterprises.Research methods: The article uses a deductive approach to assess the suitability of sectoral means used in analyses of t financial standing of enterprises. The method of analysis and logical construction was used for literature review. The methods of descriptive statistics such as arithmetic means, standard deviation and coefficient of variation were used in order to analyze the data and draw conclusions based on the results.Contribution: The assessment of the usefulness of sectoral means in the context of their variability seems to be a crucial aspect for the analysis of a company’s financial situation. When assessing the financial standing of an enterprise, it is necessary to use a comparative analysis method, based on, inter alia, a comparison in space. This type of comparison requires the use of sectoral means, whose assessment is extremely important to drawing reliable and correct conclusions regarding the financial situation of a company.</abstract>

Aim: The aim of the paper is to assess the usefulness of sectoral means in financial analyses of enterprises.Research methods: The article uses a deductive approach to assess the suitability of sectoral means used in analyses of t financial standing of enterprises. The method of analysis and logical construction was used for literature review. The methods of descriptive statistics such as arithmetic means, standard deviation and coefficient of variation were used in order to analyze the data and draw conclusions based on the results.Contribution: The assessment of the usefulness of sectoral means in the context of their variability seems to be a crucial aspect for the analysis of a company’s financial situation. When assessing the financial standing of an enterprise, it is necessary to use a comparative analysis method, based on, inter alia, a comparison in space. This type of comparison requires the use of sectoral means, whose assessment is extremely important to drawing reliable and correct conclusions regarding the financial situation of a company.

Usefulness of Sectoral Means in Financial Analyses of Enterprises

Edyta.Mioduchowska-Jaroszewicz@usz.edu.pl

Institute of Economics, Department of Business Analysis and Strategy

Financial Internet Quarterly

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Usefulness of Sectoral Means in Financial Analyses of Enterprises"}

Aim: The aim of the paper is to assess the usefulness of sectoral means in financial analyses of enterprises.Research methods: The article uses a deductive...

Usefulness of Sectoral Means in Financial Analyses of Enterprises

Published Online: Dec 31, 2019

Page range: 55 - 72

Received: Mar 17, 2019

Accepted: Nov 22, 2019

DOI: https://doi.org/10.2478/fiqf-2019-0028

Keywords
financial analysis, coefficient of variation, sectoral ratios, financial ratios

© 2019 Edyta Mioduchowska-Jaroszewicz, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Usefulness of Sectoral Means in Financial Analyses of Enterprises

Published Online: Dec 31, 2019

Page range: 55 - 72

Received: Mar 17, 2019

Accepted: Nov 22, 2019

DOI: https://doi.org/10.2478/fiqf-2019-0028

Keywordsfinancial analysis, coefficient of variation, sectoral ratios, financial ratios

© 2019 Edyta Mioduchowska-Jaroszewicz, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
financial analysis, coefficient of variation, sectoral ratios, financial ratios