Prediction of bankruptcy of exterprises – the example of Monnari Trade S.A. Cover Image

Predykcja upadłości przedsiębiorstw – przykład Monnari Trade S.A.
Prediction of bankruptcy of exterprises – the example of Monnari Trade S.A.

Author(s): Patrycja Melon
Subject(s): Economy, Business Economy / Management, Accounting - Business Administration
Published by: Wydawnictwo Uniwersytetu Łódzkiego
Keywords: prediction of bankruptcy; enterprises; discriminative models

Summary/Abstract: The article presents the phenomenon of enterprise bankruptcy. An enterprise is considered bankrupt when it does not have a sufficient amount of financial resources allowing for the repayments of its liabilities. There are numerous reasons for this phenomenon presented in the literature. One of them is the company’s financial situation, which may result in a lack of solvency. Any symptoms that indicate a worsening situation of the enterprise should be profoundly analyzed. Recognizing these symptoms early and implementing corrective actions can prevent a business from going bankrupt. Based on many years of research, special tools were created to determine the bankruptcy of a given entity – so-called “bankruptcy prediction models”. The aim of the article is to use selected Polish models of bankruptcy prediction of enterprises in the process of forecasting bankruptcy of Monnari Trade S.A. The analysis was made on the basis of data obtained from the EMIS database – Standard MSSF for non – financial enterprises. The function values were calculated using MS Excel. The research hypothesis is as follows: the bankruptcy forecasting models of Hadasik, Hołda, Prusak, Hamrol, Czajka and Piechocki are used to provide early warning about the risk of bankruptcy of the analyzed business entity. Based on the obtained values, the models’ effectiveness was deeply investigated.

  • Issue Year: 2021
  • Issue No: 33
  • Page Range: 45-54
  • Page Count: 10
  • Language: Polish
Toggle Accessibility Mode