Financial Analysis of Underwriting Results. A Corrected Approach to Loss Ratio Analysis, with a Special Reference to Inflation

1984 ◽  
Vol 51 (4) ◽  
pp. 710
Author(s):  
Yehuda Kahane ◽  
M. Moshe Porat
Keyword(s):  
Special Reference ◽  
Financial Analysis ◽  
Ratio Analysis ◽  
Loss Ratio

scholarly journals Entrepreneurial subjects in forestry and data mining from accounting data in the Czech Republic

2004 ◽  
Vol 52 (5) ◽  
pp. 131-146
Author(s):  
Zbyněk Šmída
Keyword(s):  
Data Mining ◽  
Czech Republic ◽  
Financial Analysis ◽  
Business Environment ◽  
Financial Statement ◽  
State Enterprise ◽  
Ratio Analysis ◽  
Volume Data ◽  
Accounting Data ◽  
The Czech Republic

Forests owned by the state in the Czech Republic are managed by Forests of the Czech Republic, state enterprise with its headquarters in Hradec Králové. The private companies (established during the economic reform in 1992 and privatization in 1994) carry out silvicultural and logging activities in state forests on the basis of contracts. This study is focused on forest enterprises (contractors); the current situation of business environment in the Czech Republic was studied. There have been found 38 236 forestry entrepreneurs in the Czech Republic, and divided according to legal title, to numbers of employees onto groups on the basis of size and availability of their accounting data in the first part of the article.The second part deals with data mining from accounting by a process known as a Financial statement analysis, which has to make an informed decision for owners or managers of the enterprise. Ratio analysis is regarded as the basic methodical instrument of financial analysis. Ratio analysis effectively summarizes multiple financial statement categories into few relative indices of performance and financial position. It is powerful method for managing with the complexity and volume data presented in financial statements. The relative indices converse financial statement categories into measures and it helps control for differences across companies and across time. This article contains chosen forestry contractors and describes the most useful economic indicators (ratios) and takes into account possible utilization in the sector generally.

scholarly journals Cash flow ratios in financial statements: an application for stone and land based industry sector

2016 ◽  
Vol 3 (1) ◽  
pp. 10 ◽  
Author(s):  
Furkan Yıldırım ◽  
Burcu Ilgaz Yıldırım ◽  
Serap Alkaya
Keyword(s):  
Financial Performance ◽  
Cash Flow ◽  
Financial Reporting ◽  
Financial Analysis ◽  
Ratio Analysis ◽  
Flow Ratio ◽  
Financial Reporting Standards ◽  
Industrial Companies ◽  
Income Statement ◽  
Cash Flow Statement

International Financial Reporting Standards (UFRS) has made publishing cash flow statement mandatory, along with balance and income statement. In Turkey, Turkey Accounting Standards Board has published TMS 7 that is compatible with UFRS. TMS 7 requires that cash flow statement be documented in an action-based format. There are some studies discussing the effectiveness of action based cash flow statements for the use of analysis. Cash flow ratios have been used more frequently in financial performance assessment after UFRS made cash flow statement publishing mandatory. Cash flow ratio analysis requires the cash flow ratios to be calculated and interpreted. After the analysis, the action results of the company is assessed based on financial performance.  In this study, the cash flow ratio analysis of stocks of stone and land based industrial companies on ISE between 2012 and 2014. The purpose of this study is to assess the various dimensions of the companies performances using cash flow ratios.Keywords: Cash flow, ratios, financial analysis, finance.

scholarly journals Towards Sustainable Management of Anchoring on Mediterranean Islands—Concession Support Concept

2021 ◽  
Vol 10 (1) ◽  
pp. 15
Author(s):  
Jelena Kilić Pamuković ◽  
Katarina Rogulj ◽  
Nikša Jajac
Keyword(s):  
Sustainable Management ◽  
Ad Hoc ◽  
Financial Analysis ◽  
Management Model ◽  
Ratio Analysis ◽  
Mediterranean Islands ◽  
Location Selection ◽  
Priority Ranking ◽  
Criteria Weights ◽  
Selection Of

The focus of this paper is to define anchorage management model for concession planning purposes to provide quality support to experts in spatial planning when developing maritime spatial plans. The research aim is to develop an anchorage management model that includes decision and concession support concept. Decision support concept is defined in order to support the processes of identifying potential anchorage locations, their evaluation and comparison, and finally, the priority ranking and selection of locations for their construction. The final step is modelling the concession support concept that includes financial analysis to concession parameters definition. The problem of decision making and concession of the anchorage location selection is complex and ill-structured because of the unsystematic and ad-hoc decisions by all included stakeholders. Additionally, the involvement of several stakeholders’ groups with different preferences and background knowledge, a large amount of conflicting and seemingly incomparable information and data, and numerous conflicting goals and criteria impact final decisions. The proposed concepts overcome the above obstacles in order to enable the construction of anchorages in a way of optimal use of maritime space. The model is tested on the island of Brač, Croatia. The methods used to solve the task are SWARA (The Stepwise Weight Assessment Ratio Analysis) for defining the criteria weights and ELECTRE (Elimination and Choice Expressing Reality) for ranking anchorage locations.

Cavalier Hospital

2017 ◽  
pp. 1-16
Author(s):  
Michael J. Schill ◽  
Kenan W. Yount
Keyword(s):  
Business Strategy ◽  
Care Setting ◽  
Financial Analysis ◽  
Financial Statement ◽  
Ratio Analysis ◽  
Patient Volume ◽  
Revenue Collection ◽  
Medical Background ◽  
Revenue Models ◽  
Hospital Finance

A midsize community hospital must choose a strategy to compete with an expanding regional rival. The strategy, focused on acquiring patient volume, includes expanding investment into integrated care, setting the reimbursement structure for revenue collection, and moving to a capitation-based payment system. The case presents an evaluation of revenue models to select that which best supports a given business strategy.This case is designed to introduce a health care audience to financial analysis. It provides a straightforward introduction to hospital financial-statement ratio analysis and hospital operating statistics, so it can also serve to introduce any audience with a business or medical background to hospital finance.

Study of Feasibility on Broiler Business Development

2017 ◽  
Vol 1 (2) ◽  
pp. 63 ◽  
Author(s):  
Nining Haryuni
Keyword(s):  
Financial Analysis ◽  
Business Development ◽  
Ratio Analysis ◽  
Price Difference ◽  
Input Price ◽  
Total Revenue ◽  
Independent System ◽  
Development Patterns

The method used in the article writing here is a review of several journals related to the development of broiler farming patterns. The purpose of writing this article is to know the advantages, disad-vantages and financial analysis of broiler development patterns independently and patnership system. Financially analyzed results obtained Day Old Chick input price (DOC) on partnership system 9,52% higher than independent system. The feed price on independent systems is relatively cheaper than the partnership system where the feed price difference is about 1000, - / kg of feed. The total revenue earned by independent farmers is 6,25% higher than the partnership system. BEP (Break Event Point) in the partnership system is relatively larger than the independent system. The R/C ratio analysis of independent system pattern is more advantageous than the partnership system where the independent system obtained R / C ratio of 1.31 and the partnership system of 1.11.

BUDGET AND FINANCIAL BALANCE INCLUDING THE PROBLEM OF FINANCIAL STABILITY OF COMMUNES AND CITIES WITH COUNTY RIGHTS

2021 ◽  
Vol XIII (1) ◽  
pp. 9-22
Author(s):  
Agnieszka Cyburt
Keyword(s):  
Financial Stability ◽  
Quantitative Methods ◽  
Financial Analysis ◽  
Data Bank ◽  
Ratio Analysis ◽  
Budget Balance ◽  
Local Data ◽  
Ministry Of Finance ◽  
Financial Balance ◽  
The Eu

The main purpose of the study was to assess the budget and financial balance, including financial stability and compare the situation of all communes and cities with county status, with particular emphasis on the situation of communes and cities with county status in the Lubelskie Voivodship. The choice of the Lubelskie Voivodship was deliberate and dictated by its low level of development expressed by a GDP per capita value significantly lower than the national average and much lower than the EU average (48% of the EU average) and poor financial potential. The time scope of the research was limited to 2018-2020, however, in 2020, current available data only covering Q3 was used. The main source of data was information obtained from the Ministry of Finance, Regional Audit Chamber and Local Data Bank GUS. An analysis and criticism of literature was carried out and selected research methods were used, including general methods, and quantitative methods of financial analysis (ratio analysis). The obtained results confirm that the situation of the budget balance and current balance of the surveyed units differs, while the value of the calculated ratios relating to financial balance, including financial stability, varied and these differences were revealed in the types of units and according to their number and location (all units of a given type – Poland or units of the Lubelskie Voivodship). Changes in the analysed values over time were also noted.

scholarly journals A Mixed Model for Loss Ratio Analysis

1991 ◽  
Vol 21 (2) ◽  
pp. 231-238 ◽  
Author(s):  
M. Y. El-Bassiouni
Keyword(s):  
Mixed Model ◽  
Structural Parameters ◽  
Maximum Likelihood Estimates ◽  
Insurance Companies ◽  
Ratio Analysis ◽  
Loss Ratio ◽  
Time Effects ◽  
General Insurance ◽  
Proposed Model ◽  
Ratio Data

AbstractThe model introduced may be treated as a mixed two-way analysis of variance with fixed company effects and random time effects. Further, the risk volumes are integrated into the model in such a way that the unexplained variance is inversely proportional to the risk volume of each company. The proposed model is used to analyze loss ratio data from the general insurance market in Kuwait. The maximum likelihood estimates of the structural parameters are obtained. These estimates are then used to compute the loss ratios and solvency margins for the four domestic insurance companies.

scholarly journals Financial Analysis of the State Forestry Organizations: Example of Turkey

2021 ◽  
pp. 34-47
Author(s):  
Ufuk Demirci
Keyword(s):  
Financial Analysis ◽  
Balance Sheet ◽  
The State ◽  
Positive Development ◽  
Steady Increase ◽  
Positive Trend ◽  
Ratio Analysis ◽  
Forestry Sector ◽  
Income Statement ◽  
The Given

In countries where the state is the main owner of the forest resources, forestry activities are carried out with allocated shares from government budget resources. In order to ensure effective and efficient use of financial resources and determine whether forestry goals and targets are achieved, it is necessary to perform financial analysis of public forestry institutions. In Turkey, where the state owns majority of forests, the General Directorate of Forestry (GDF) is the main responsible institution for the management of the forestry sector. This study aimed to make financial statement analysis of working capital budget of the GDF, by applying horizontal analysis, vertical analysis, trend analysis and ratio analysis. In this context, balance sheet and income statement of GDF for the period of 2015-2019 are analyzed. It is determined that in the given period, due to increase in “trade receivables”, “other receivables” and “inventories” accounts, total current assets have shown a positive trend. Also there is a steady increase in the equity, which can be considered as a positive development for the GDF. Gross sales and net sales amount doubled in the given period and, by keeping cost of sales and operating expenses under control, net profit of the GDF showed significant increase especially in last three years. Moreover, ratio analysis results revealed that GDF has capacity to satisfy its current and long-term liabilities and increased its profitability in the mentioned period.

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