The Correlation between the Efficiency of Using the Assets and the Capitals and the Risks in what the Romanian Energy Industry is Concerned

• Main Authors: Criveanu Maria Magdalena, Cârstina Silviu
• Format: Article
• Language: English
• Published: Ovidius University Press 2017-01-01
• Series: Ovidius University Annals: Economic Sciences Series
• Subjects: efficiency; economic profitability; financial profitability; exploitation risk; financial risk
• Online Access: http://stec.univ-ovidius.ro/html/anale/RO/2017-2/Section%20V/10.pdf

The research paper enlarges upon the analysis of the existing connections between the assets and capitals efficiency indicators and the risks, by applying it to 11 companies from the Romanian energy industry. The period of time necessary for the analysis is the interval between 2012 and 2013, where 2012 is used only when it comes to determining the exploitation and financial risk coefficients. The indicators expressing the efficiency of using the company’s assets and capitals are rendered with the help of the economic profitability ratio in two ways, by using the permanent capital and all the assets, and the financial profitability ratio.