Is the aquaculture industry in the Czech Republic financially healthy? A company-level analysis

Kód výsledku v 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>

Výsledek na webu

<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>

Jazyk výsledku

angličtina

Název v původním jazyce

Is the aquaculture industry in the Czech Republic financially healthy? A company-level analysis

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

Is the aquaculture industry in the Czech Republic financially healthy? A company-level analysis

Popis výsledku anglicky

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.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/QK22010177" target="_blank" >QK22010177: Optimalizace přikrmování a managementu rybniční akvakultury</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Aquaculture International

ISSN

0967-6120

e-ISSN

1573-143X

Svazek periodika

32

Číslo periodika v rámci svazku

3

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

18

Strana od-do

2865-2882

Kód UT WoS článku

001078075800001

EID výsledku v databázi Scopus

2-s2.0-85173914637