Analysis of the Bankruptcy Probability of Selected Companies Listed on the Warsaw Stock Exchange and Operating in Ukraine

The aim of the research was to assess the bankruptcy risk of three agribusiness companies listed on the Warsaw Stock Exchange and operating in Ukraine during the 2019-2023 COVID-19 pandemic and war. An Edward Altman discriminant analysis was carried out, along with an analysis of selected financial ratios. The results of the financial analysis of Astarta Holding N.V., KSG Agro S.A., and Ovostar Union N.V. from 2019 to 2023 reveal differing trends.

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Publication Details

Journal
Metody Ilościowe w Badaniach Ekonomicznych
Published
2025-03-30
DOI
https://doi.org/10.22630/mibe.2025.26.1.4
Primary Topic
Socio-economic Development and Sustainability
Type
article
Field-Weighted Citation Impact
0.00
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article

Analysis of the Bankruptcy Probability of Selected Companies Listed on the Warsaw Stock Exchange and Operating in Ukraine

Magdalena Kondej
Metody Ilościowe w Badaniach Ekonomicznych
Socio-economic Development and Sustainability
article

Analysis of the Bankruptcy Probability of Selected Companies Listed on the Warsaw Stock Exchange and Operating in Ukraine

Magdalena Kondej
article en

Abstract

The aim of the research was to assess the bankruptcy risk of three agribusiness companies listed on the Warsaw Stock Exchange and operating in Ukraine during the 2019-2023 COVID-19 pandemic and war. An Edward Altman discriminant analysis was carried out, along with an analysis of selected financial ratios. The results of the financial analysis of Astarta Holding N.V., KSG Agro S.A., and Ovostar Union N.V. from 2019 to 2023 reveal differing trends.

Metody Ilościowe w Badaniach EkonomicznychVol. 26(1)
Warsaw University of Life Sciences (PL)
Openalex Percentile: Top 83%
Socio-economic Development and Sustainability
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