Direct and Indirect Implications of the COVID-19 Pandemic on Amazon’s Financial Situation

Qin, Zixuan; Hassan, Abeer; Adhikariparajuli, Mahalaxmi

doi:10.3390/jrfm15090414

Cited by 4 publications

(3 citation statements)

References 43 publications

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“…The COVID-19 pandemic caused several restrictive measures to be implemented by the governments of individual countries to stop the spread of 1141 the virus, significantly impacting the financial performance of business entities. To assess the overall financial performance, the financial statement analysis uses a variety of tools and techniques (Qin et al, 2022). Ratio analysis is the main instrument in financial analysis, and it expresses the connection between financial data in various financial statements (Linares-Mustaros et al, 2022).…”

Section: Pandemic and Changes In The Macroeconomic Development Have S...mentioning

confidence: 99%

Has the COVID-19 pandemic affected the corporate financial performance? A case study of Slovak enterprises

Valaskova,

Gajdosikova,

Lazaroiu

2023

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Research background: The corporate debt situation can be considered a crucial factor influencing the future development of the financial performance of the firm. It is essential for every business entity to know its financial health, its strengths and weaknesses, and how its business has been affected by the COVID-19 pandemic and all the changes it has brought. Purpose of the article: The main aim of this paper is to explain and quantify the consequences of the COVID-19 pandemic, analyze changes in the growth of crucial determinants, and identify new trends in Slovak enterprises throughout the monitored period of 2018‒2021. Methods: Hence, a statistically significant difference between the individual indicators due to the period in which the firms achieved these values was determined using the Friedman test. It determined whether the average values of the financial indicators remained constant over the period under review (the years 2018 and 2019 are considered pre- COVID-19 years, while 2020 and 2021 are years when the globe was already being impacted by the outbreak of the COVID-19 pandemic) or whether the individual values of the indicators differed significantly. Findings & value added: Considering that there are statistically significant differences in the indicators of self-financing ratio, current indebtedness ratio, and equity leverage ratio in all monitored periods except for the years 2020 and 2021, where the average values of these debt indicators are the same, the results indicate that the COVID-19 pandemic also negatively impacted the indebtedness of Slovak enterprises. Although this research paper, focusing on the financial performance of the firms in the post-pandemic period, is pioneering in Slovakia, the biggest contribution of the study is the application of the latest information, which could help in more precise monitoring of corporate financial stability and debt policy during the current challenging period. The obtained results provide important universal guidelines for building financial strategies improving long-term financial resilience of enterprises.

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Section: Pandemic and Changes In The Macroeconomic Development Have S...mentioning

confidence: 99%

Has the COVID-19 pandemic affected the corporate financial performance? A case study of Slovak enterprises

Valaskova,

Gajdosikova,

Lazaroiu

2023

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“…Finalmente, el sector de transporte de mercancías sí que experimentó un crecimiento y un incremento de su productividad durante la pandemia. Este crecimiento se debe principalmente, la obligatoriedad de permanecer encerrados en casa a los ciudadanos tuvo como resultado un incremento sustancial de las ventas en línea, incrementando las necesidades del servicio de logística (Goel et al, 2021;Qin et al, 2022). Por otra parte debido a la imposición de limitaciones a la movilidad, se obtuvo una reducción sustancial de los vehículos en las carreteras facilitando los desplazamientos que se tenían que realizar por necesidad (Griffiths et al, 2021).…”

Section: Urban Mobility Changes In User Preferences In Spain After Co...unclassified

Movilidad urbana, cambios en las preferencias de los usuarios en España después del COVID-19

Guillén-Pujadas,

Alaminos,

Vizuete-Luciano

2023

CIMBAGE

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La movilidad urbana puede considerarse una cuestión de especial relevancia para un gran número de ciudades europeas debido a los altos niveles de contaminación que presentan alguna de ellas. Una situación anómala, se observó con la llegada de la Pandemia puesto que se observó una reducción de la movilidad urbana y como resultado de ello se registraron grandes reducciones de contaminación. Con la vuelta a la normalidad, los atascos y el vertido de partículas contaminantes ha vuelto a la normalidad y ello nos lleva a destacar la relevancia de la elección de la opción de movilidad que toman los usuarios, así como poder observar los posibles cambios que han resultado con la irrupción de la tecnología en el sector del transporte de las grandes ciudades. En este artículo, investigamos cómo evolucionan sus preferencias en la elección del medio de transporte mediante el modelo logit. Los datos estudiados se recogieron mediante encuestas a nivel nacional. Los resultados generados nos muestran información relevante para que el taxi y el VTC adapten sus estrategias en un entorno altamente competitivo e incierto como el que se enfrentan en la actualidad.

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“…Financial ratios are commonly used as indicators of know how well a business is performing. They express the relationship between two or more accounting figures and allow researchers and professionals to analyze the solvency, liquidity, efficiency, and profitability of an individual company, and provide useful information to make better decisions, to derisk investments, and to design sound financial policies (Chnar Abdullah 2021; Kacani et al 2022;Qin et al 2022;Shingade et al 2022). Financial ratios pose no special problems for the analysis of single companies.…”

Section: Introductionmentioning

confidence: 99%

Compositional Classification of Financial Statement Profiles: The Weighted Case

Jofre-Campuzano

Coenders

2022

JRFM

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This article classifies petrol retail companies in Spain based on their financial ratios using the Compositional Data Analysis (CoDA) methodology. This methodology solves the most common distributional problems encountered in the statistical analysis of financial ratios. The main purpose of this article is to show that with the CoDA methodology, accounting figures presenting low values can have a disproportional influence on classification. This problem can be attenuated by applying weighted CoDA, which is a novelty in the financial statement analysis field. The suggested weight of each accounting figure is proportional to its arithmetic mean. The results of Ward clustering show that after weighting, the contributions of the accounting figures to the total variance and to the clustering solution are more balanced, and the clusters are more interpretable. Four distinct financial profiles are identified and related to non-financial variables. Only one of the profiles represents companies in financial distress, with low turnover, low return on assets, high indebtedness, and low liquidity. Further developments include alternative weighting schemes.

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Direct and Indirect Implications of the COVID-19 Pandemic on Amazon’s Financial Situation

Cited by 4 publications

References 43 publications

Has the COVID-19 pandemic affected the corporate financial performance? A case study of Slovak enterprises

Has the COVID-19 pandemic affected the corporate financial performance? A case study of Slovak enterprises

Movilidad urbana, cambios en las preferencias de los usuarios en España después del COVID-19

Compositional Classification of Financial Statement Profiles: The Weighted Case

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