ФИНАНСИСКАТА РАЦИО АНАЛИЗА – ОСНОВА ЗА ДОНЕСУВАЊЕ НА ОДЛУКИ ЗА ИНВЕСТИРАЊЕ

Abstract

Financial statements itself don’t give stakeholders informations about the successful operation of companies. So, over the years managers and financial analysts have developed their techniques to look deeper in financial statements, to reach important informations about past and present performance of the companies and to predict their future performance. One of these techniques is the financial ratio analysis which includes calculation of financial indicators. The financial indicators represent the quotient between two items of financial statements and they are starting point for determing disadvantages and omissions. Also, all these indicators help stakeholders in taking corrective measures and improving the performance of companies.