期刊名称：Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
印刷版ISSN：1844-7007
出版年度：2013
卷号：1
出版社：Academica Brâncuşi
摘要：At the microeconomic level, the appreciation of the capitals’ profitability is a very complex action which is of interest for stakeholders. This study has as main purpose to extend the traditional analysis model for the capitals’ profitability, based on the ratio “Return on capital employed”. In line with it the objectives of this work aim the identification of factors that exert an influence on the capital’s profitability utilized by a company and the measurement of their contribution in the manifestation of the phenomenon. The proposed analysis model is validated on the use case of a representative company from the agricultural sector. The results obtained reveal that in a company there are some factors which can act positively on the capitals’ profitability: capital turnover, sales efficiency, increase the share of sales in the total revenues, improvement of the expenses’ efficiency. The findings are useful both for the decision- making factors in substantiating the economic strategies and for the capital owners who are interested in efficiency of their investments
关键词：profitability; capital employed; profitability ratios; financial analysis
