Assessment of Financial Health of Selected Transport Companies Conducting Business in the Public Line Transport


  • Martin Telecky

    Department of Accounting and Finance, Faculty of Economics, University of South Bohemia in České Budějovice, Studentská 13, České Budějovice, 370 05, Czech Republic

  • Jiri Cejka

    Department of Informatics and Natural Sciences, Faculty of Technology, Institute of Technology and Business in České Budějovice, Okružní 10, České Budějovice, 370 01, Czech Republic


As a part of their business, the transport companies provide the traffic services in the given region. For the needs of efficient managerial or financial management, it is necessary to know the detail financial analysis upon which the financial health of the company can be determined. The financial analysis utilizes the diagnostic methods which evaluates the company´s management from the viewpoint of the past, the presence and the expected future. Based on the financial health values, we can avoid future problems. The managers are warned against the possible bankruptcy in time. By selecting the appropriate classification models applied to the Czech environment, the financial situations of the carriers can be found out. Then, the intercompany comparison method is applied to assess the economic situation of selected carriers. The results achieved after applying the classification models and the intercompany comparison method serve as the key outcome of verification of credibility of selected classification models.


Financial analysis, bankruptcy model, intercompany comparison analysis, financial health

Published Online


How to Cite

Telecky, M., Cejka, J. (2019) “Assessment of Financial Health of Selected Transport Companies Conducting Business in the Public Line Transport”, Periodica Polytechnica Transportation Engineering, 47(3), pp. 225–232.