UAB "Sirema" bankroto tikimybės vertinimas /

In the theoretical part of the bachelor’s thesis the concept of bankruptcy, the legal framework of this process and the types of legal sourcesarereviewed and the opened and closed bankruptcy procedures of companies in Lithuania over the period 2010 – 2014 are analysed.The main reasons of bankruptcy are systemised, grouped and summarised. It has been revealed that in orderto assess the quite precise probability of bankruptcy of a company, it is required to use the whole system of diagnostics of bankruptcy. The system of diagnostics of bankruptcy proposed by Mackevičius (2010), that includes the research of the environment of the company (internal and external), the assessment of alteration of the chosen main absolute and relative indexes and the diagnostics of bankruptcy according to the models of diagnostics of bankruptcy introduced by Altman and Grigaravičius, was chosen and identified. In addition, the connection between the relative indexes and models, forecasting bankruptcy, was assessed. In the empirical part, in accordance with the system of diagnostics of bankruptcy proposed by Mackevičius (2010), the probability of bankruptcy of UAB „Sirema” over the period 2010 – 2014 is assessed. After the assessment of business environment of UAB “Sirema” it has been revealed that it is not beneficial: the main external problem –high level of competition and the main internal problem – organisational culture. After analysing financial reports of the period 2010 – 2014 and calculating the main relative indexes that show the probability of the bankruptcy of the company, it has been revealed that over the period 2010 – 2011 the company had financial difficulties and was insolvent. After assessing the probability of bankruptcy, using the model of Altman, designed for companies that are not registered in stock exchange, it has been identified, that this model has not showed the probability of bankruptcy in any year. However, it is possible that this model has not revealed the real financial situation of the company and is not suitable for usage in the example of the investigated company. The model created by Grigaravičius, as the analysis of relative indexes proposed by Mackevičius have foreseen a high probability of bankruptcy and possible reorganisation precisely during the period 2010 – 2011. The assessment of the probability of bankruptcy, in accordance with the system of diagnostics of bankruptcy proposed by Mackevičius (2010) allow to quite precisely assess the financial situation of the company and future perspectives.

Grantor dc:publisher

Institutional Repository of Vilnius University

Year dc:date

2016

Author dc:creator

• Gunevičiūtė, Agnė,

• bankruptcy ; forecasting of bankruptcy ; indexes ; modelsfor forecasting bankruptcy.

Statement dc:rights

• info:eu-repo/semantics/openAccess

Language dc:language

lit

Repository record dc:identifier

https://repository.vu.lt/VU:ELABAETD15129135&prefLang=en_US

OAI identifier oai:identifier

oai:vu.lt:elaba:15129135