Bankruptcy and bonity models use for the prediction of the mining organization development

Katarína Čulková, Marcela Taušová, Barbora Kowal, Lucie Domaracká, Lukáš Vavlič

Bankruptcy and bonity models use for the prediction of the mining organization development

Číslo: 1/2024
Periodikum: Acta Montanistica Slovaca
DOI: 10.46544/AMS.v29i1.17

Klíčová slova: mining and extraction companies, economic development, creditworthiness, financial stability

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Anotace: Nowadays, due to the worldwide crisis, there is a necessity to

predict and make a prognosis for the future development of the
companies from the view of their financial health. Mainly mining
organizations in Slovakia face a problem with creditworthiness
when a number of companies declared bankruptcy. The paper has
the ambition to predict development in chosen Slovakian mining
organization through the most used bankruptcy and bonity models,
which brings results, serving for comparing with companies in time
and sector. The results were evaluated according to the individual
areas of financial position that influenced the development the most.
Such results are profitable for the sustainable development of
mining organizations together with providing the energetic
independence of the countries.