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The Stability of the Financial Indicators over Time

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Information Systems Architecture and Technology: Proceedings of 38th International Conference on Information Systems Architecture and Technology – ISAT 2017 (ISAT 2017)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 657))

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Abstract

The article attempts to assess the stability of the financial indicators in the period of ten years (2006–2015). Nearly 1600 companies have been examined within the manufacturing sector – including 800 bankrupt companies. For each enterprise the five selected ratios were calculated for each year. The stability of calculated variables during the research period was measured by (1) the standard deviation and normal distribution, (2) the correlation matrix, and (3) the discriminant ability (by using the t-Student test). The results indicated a substantial degree of instability of analyzed indicators over the last decade.

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Notes

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    See [10].

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    See [14].

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    See [10].

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Authors and Affiliations

  1. Department of Operations Research, Wrocław University of Science and Technology, Smoluchowskiego 25, 50-372, Wrocław, Poland

    Sebastian Klaudiusz Tomczak

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  1. Sebastian Klaudiusz Tomczak
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Correspondence to Sebastian Klaudiusz Tomczak .

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Editors and Affiliations

  1. Department of Management Systems, Faculty of Computer Science and Management, Wrocław University of Science and Technology, Wrocław, Poland

    Zofia Wilimowska

  2. Department of Computer Science, Faculty of Computer Science and Management, Wrocław University of Science and Technology, Wrocław, Poland

    Leszek Borzemski

  3. Department of Computer Science, Faculty of Computer Science and Management, Wrocław University of Science and Technology, Wrocław, Poland

    Jerzy Świątek

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Tomczak, S.K. (2018). The Stability of the Financial Indicators over Time. In: Wilimowska, Z., Borzemski, L., Świątek, J. (eds) Information Systems Architecture and Technology: Proceedings of 38th International Conference on Information Systems Architecture and Technology – ISAT 2017. ISAT 2017. Advances in Intelligent Systems and Computing, vol 657. Springer, Cham. https://doi.org/10.1007/978-3-319-67223-6_10

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  • DOI: https://doi.org/10.1007/978-3-319-67223-6_10

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-319-67222-9

  • Online ISBN: 978-3-319-67223-6

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