@article{SERENCES:268267,
      recid = {268267},
      author = {SERENCES, Peter and TOTH, Marian and CIERNA, Zuzana and  RABEK, Tomas},
      title = {VYVOJ RENTABILITY, LIKVIDITY A AKTIVITY VO VYBRANOM SUBORE  POL'NOHOSPODARSKYCH PODNIKOV V ROKOCH 200-2008},
      journal = {Acta Oeconomica et Informatica},
      address = {2010},
      number = {394-2018-1234},
      year = {2010},
      abstract = {The paper evaluates the development of return on equity,  cash ratio, and asset turnover ratio in agriculture during  the period 2000-2008. For evaluation and analyzes there was  used the database from The Research Institute of  Agricultural and Food Economics (RIAFE) and a selected  sample of 2 250 agricultural companies, which means 20 %  out of all agricultural body corporate in Slovakia. The  criterion for the selection was the best 250 enterprises  per each year in selected ratio performance. The evaluation  of Return on equity shows that also agriculture can be  attractive for investors especially after joining the EU.  But the fact that only 2 enterprises had during the years  2000-2008 the best ROE performance needs to be taken into  account. The range of generally recommended values for cash  ratio is 0.2--0.6 or 0.8. Agricultural enterprises suffer  from low liquidity; however the results show that there is  a difference between the years 2000-2003 and 2004-2008.  After entering the EU the cash ratio increased to higher  values than generally recommended. Asset turnover ratio on  the other hand decreased after entering the EU in 2004. },
      url = {http://ageconsearch.umn.edu/record/268267},
      doi = {https://doi.org/10.22004/ag.econ.268267},
}