Ликвидност на публично търгуваните предприятия в България през Covid-19 кризата и периода на възстановяване
Liquidity of Publicly traded Companies in Bulgaria during the Covid-19 Crisis and Recovery Period

Author(s): Galya Taseva
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Business Economy / Management, Economic policy, Public Finances, Accounting - Business Administration
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: liquidity; indebtedness; crisis; Covid-19
Summary/Abstract: The purpose of the study is to track the dynamics of traditional liquidity indicators and the relationship between them and indicators of indebtedness of companies before, during and in the period of recovery from the crisis caused by the coronavirus pandemic. The analysis in the article is based on data for 43 publicly traded companies in Bulgaria for the period 2018 - 2022. Companies in Bulgaria managed to avoid mass bankruptcies and achieved an increase in their liquidity indicators. A statistically significant negative correlation was established between the ratio Short-term debt / Total assets and the indicators current liquidity, quick liquidity and cash liquidity. The results also show that companies that bear a lower debt burden are more liquid.

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