Assessing the financial stability of Warsaw-listed transport and logistics firms

Abstract

Purpose. The primary objective of this paper is to evaluate the financial security of transport and logistics companies listed on the Warsaw Stock Exchange. Methodology. The research employs various financial security indicators such as liquidity, capital coverage of assets, working capital, and others. The study focuses on 11 companies in the transport and logistics sector listed on the Warsaw Stock Exchange in the third quarter of 2023. Results. The findings reveal that companies in the transport and logistics sector are highly diverse and challenging to compare on non-financial security aspects. Average data do not reflect the real situation in the sector, and individual companies significantly influence average results. The importance of maintaining an optimal structure of assets and capital for ensuring financial security is also highlighted. Theoretical contribution. This paper contributes to financial security in the transport and logistics sector by analysing companies listed on the Warsaw Stock Exchange. It offers a new perspective on the financial stability of these companies and the factors influencing it. Practical implications. The research calls for caution when assessing the financial security of enterprises in the transport and logistics sector. It also suggests expanding the research group and checking whether the entire sector has any common patterns regarding financial security. This could provide valuable insights for companies in the sector and policymakers.