The analysis and evaluation of capital structure in the Polish mining enterprises

Abstract

Mining industry is a specific, highly capital-consuming industry of a special significance for the economy. The assets of the mining enterprises, due to the profile of their activity, are very often permanently fixed in a particular place which makes them immobile, they have a high amount in the balance sheet and they are mostly very difficult to change into cash (buildings and objects of underground engineering, excavations, professional mining appliances etc.). The objective of the research presented in the hereby article is the analysis and evaluation of capital structure in the Polish mining enterprises.

Among the basic methods used in the research process there may be the ratio analysis mostly distinguished. Afterwards the results of analysis were compared and generalized. The research process was enriched with the synthesis which was used for drawing the final conclusions. The research is based on the literature studies and analysis of the original documents obtained from the examined enterprises (financial reports). The subject of the research are 4 Polish mining enterprises. The period of the research encompasses the years 2009-2012.

The article was financed from the sources of the National Science Centre.