Speaker
Ionut-Adrian Lazar
(Babes-Bolyai University, Faculty of Economics and Business Administration, Cluj-Napoca, Romania)
Description
In the Romanian industry, liquidity and solvency are crucial aspects for evaluating the financial stability of a company. Liquidity indicates the immediate ability of an economic entity to meet its short-term financial obligations, while solvency reflects its ability to cover its long-term debts. These indicators are particularly relevant in Romania's fluctuating economic context, especially for the period 2019-2022, as they provide vital clues on a company's ability to face all financial challenges, possible market changes and avoid the risk of bankruptcy.
Primary authors
Ionut-Adrian Lazar
(Babes-Bolyai University, Faculty of Economics and Business Administration, Cluj-Napoca, Romania)
Ms
Andreea-Roxana Danci
(Babes-Bolyai University, Faculty of Economics and Business Administration, Cluj-Napoca, Romania)
Co-author
Prof.
Gabriela-Mihaela Muresan
(Babes-Bolyai University, Faculty of Economics and Business Administration, Cluj-Napoca, Romania)
