FORECASTS ON SOME FINANCIAL INDICATORS: A CASE STUDY FOR S.C.D.A SIMNIC

Abstract

In this paper, several financial indicators at S.C.D.A. Simnic are investigated from a statistical point of view. Using the method of least squares, the mathematical functions that model the trend are found and with the help of which financial forecasts are made, also using the growth rates with a chain basis and a fixed basis for the time series corresponding to the period 2008-2022. Finally, an analysis is made of the correlations between these indicators, such as income, expenses, profit, assets, liabilities, stocks, receivables, capital and the results found are interpreted. Thus, the forecasts on the financial indicators and the correlations between them can be of great help in the management of a company, being able to contribute to the efficiency of the activity through adequate budget planning, performance evaluation, investment decision-making or human resources planning. They can help managers identify opportunities and risks, optimize the use of resources, and achieve better financial results for the firm.