Transport And Communications 2018, 6(2):10-15 | DOI: 10.26552/tac.C.2018.2.3

Financial Health Assessment of International Airports

Jaroslav Mazanec1, Viera Bartosova1, Maksym Bezpartochnyi2
1 Department of Economics, University of Zilina, The Faculty of Operation and Economics of Transport and Communications, Zilina, 010 26, Slovakia
2 Department of Economics and Marketing, National Aerospace University - Kharkiv Aviation Institute, Kharkiv, 610 70, Ukraine

The financial health of company is extremely important for potential investment decisions. Financial health is mainly assessed by financial analysis which identify strengths and weakness. The aim of paper is to evaluate and to compare financial health of selected international Slovak and Czech airports. We applied the best-known financial variables, particularly liquidity ratios, asset management ratios, debt ratios and profitability ratios. Then, we compare results of Bratislava Airport with Kosice Airport, Ostrava Airport and Prague Airport. We calculate financial ratios based on statements of international airports. The results show that Bratislava Airport is mainly good at current assets management during analysed period. On the other hand, Bratislava Airport have long-term problem with profitability ratios.

Keywords: Financial Analysis, Financial Health, Financial Ratios, International Airport, Liquidity Ratios, Asset Management Ratios, Debt Ratios, Leverage Ratios
JEL classification: G30

Published: September 30, 2018  Show citation

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Mazanec, J., Bartosova, V., & Bezpartochnyi, M. (2018). Financial Health Assessment of International Airports. Transport And Communications, 6(2), 10-15. doi: 10.26552/tac.C.2018.2.3
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