The Holistic View of the Symptoms of Financial Health of Businesses
- 10.2991/febm-18.2018.21How to use a DOI?
- Bussiness failure; Insolvency; Bankruptcy; Financial health
Each phase of an enterprise's life cycle brings different impacts on corporate financial health. Financial distress may be associated with the emergence of a crisis, failure and / or bankruptcy. To identify these negative corporate phenomena timely, you need to know the appropriate symptoms. These symptoms occur in every business, but not every business can detect and evaluate them properly. The detection of symptoms of a change in corporate health depends on the definition of financial distress. The aim of the paper is to reveal an overall view of the symptoms of a financially sound business and, on the contrary, the symptoms of its deterioration by analyzing various definitions of financial distress. We analyzed, compared, and summarized the main symptoms of the company's financial health. We found that the main symptoms of a deterioration in financial health include negative cash flow, operational and / or overall losses, high indebtedness and insolvency. On the other hand, we have found that, in addition to traditional financial indicators, other symptoms of financial health, such as market share, stock value, or redundancy, should be examined.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Lucia Michalkova AU - Katarina Valaskova AU - Katarina Frajtova Michalikova AU - Andrea Drugau Constantin PY - 2018/12 DA - 2018/12 TI - The Holistic View of the Symptoms of Financial Health of Businesses BT - Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018) PB - Atlantis Press SP - 90 EP - 94 SN - 2352-5428 UR - https://doi.org/10.2991/febm-18.2018.21 DO - 10.2991/febm-18.2018.21 ID - Michalkova2018/12 ER -