Evaluation of Financial situation of Evraz Vítkovice Steel, a.s. by Indicator EVA Cover Image

Hodnocení finanční situace společnosti Evraz Vítkovice Steel, a. s. prostřednictvím ukazatele Eva
Evaluation of Financial situation of Evraz Vítkovice Steel, a.s. by Indicator EVA

Author(s): Marek Vochozka
Subject(s): Business Economy / Management, Economic development, Accounting - Business Administration
Published by: Vysoká škola evropských a regionálních studií, z. ú.
Keywords: economic value added; risk; costs of capital; alternative cost of capital;

Summary/Abstract: For the evaluation of the economic situation of enterprises in practice financial analysis is used. It is possible to use the bankruptcy and credible models. However, all mentioned methods have quite a significant disadvantage. These are financial indicators that do not include the economic dimension of the nature of phenomena and the risks connected with business practice. Therefore there are indicators such as market value added and economic value added. The paper deals with the application of the indicator of economic value added and its interpretation in the case of the company Evraz Vítkovice Steel, Inc.

  • Issue Year: 2009
  • Issue No: 3
  • Page Range: 83-86
  • Page Count: 4
  • Language: Czech