Is the aquaculture industry in the Czech Republic financially healthy? A company-level analysis
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F24%3A43907790" target="_blank" >RIV/60076658:12510/24:43907790 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/article/10.1007/s10499-023-01300-7" target="_blank" >https://link.springer.com/article/10.1007/s10499-023-01300-7</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s10499-023-01300-7" target="_blank" >10.1007/s10499-023-01300-7</a>
Alternative languages
Result language
angličtina
Original language name
Is the aquaculture industry in the Czech Republic financially healthy? A company-level analysis
Original language description
An economic evaluation of the sector at the enterprise level is important for planning policy interventions and regulatory interventions. In this article, we want to contribute to clarifying the factors causing the poor economic situation of freshwater aquaculture enterprises in the Czech Republic from 2015 to 2020. The work used annual data from standard financial statements that companies must publish. The procedures used in the assessment of the financial health of the agricultural sector were used. The relative representation of enterprises in individual categories shows the same trend for all the models used, namely a general shift towards worse financial health over time. According to all the models used, 15% of aquaculture enterprises were classified as endangered. Enterprises at risk can be characterized as micro-enterprises that are often in loss for several years and have low liquidity and high indebtedness. As a result of the increase in input prices, with the permanent stagnation of production prices, the cost increases even in prosperous enterprises. Low liquidity and the impossibility of obtaining a loan from banking institutions mean the impossibility of drawing investment subsidies and introducing innovations at these enterprises. Their further development, increase in performance and efficiency are thus difficult to implement.
Czech name
—
Czech description
—
Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
<a href="/en/project/QK22010177" target="_blank" >QK22010177: Optimalisation of supplemental feeding and management of pond aquaculture</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Aquaculture International
ISSN
0967-6120
e-ISSN
1573-143X
Volume of the periodical
32
Issue of the periodical within the volume
3
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
18
Pages from-to
2865-2882
UT code for WoS article
001078075800001
EID of the result in the Scopus database
2-s2.0-85173914637