Financial and economic performance of some Brazilian cellulose and paper companies

Detalhes bibliográficos
Autor(a) principal: Almeida, Alexandre Nascimento de
Data de Publicação: 2010
Outros Autores: Bittencourt, Alexandre Muzy, Hoeflich, Vitor Afonso, Luchesa, Claudio José
Tipo de documento: Artigo
Idioma: por
Título da fonte: Pesquisa Florestal Brasileira (Online)
Texto Completo: https://pfb.cnpf.embrapa.br/pfb/index.php/pfb/article/view/135
Resumo: Brazil shows competitive and comparative advantages against others wood producers, mainly in thepulp and paper segment, because Brazil has technology in wood production with shorts lifecycles due to thegood climate conditions and the quality of the products exported for many countries around the world. However,in the economical and financial area this advantage is not verified. In reason to the importance of this segment in the Brazilian forest sector the present study had the objective to know the economical and financial situation of six Brazilian pulp and paper companies. The information was obtained with BOVESPA – Sao Paulo State Stock Exchanged by the annual financial balance showed by the companies in the last nine years. Some of the most important economical and financial index was used, like capital profitability. In general, the companies showed a situation of low liquidity and profitability. It was verified an increase of the indebtedness and improvement in the use of the assets in the period. In relation to the operational margin and to the profitability of the equity, thecompanies showed similar behaviors along the time.
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spelling Financial and economic performance of some Brazilian cellulose and paper companiesDesempenho econômico-financeiro de algumas empresas brasileiras de celulose e papelCelulose e papelliquidezrentabilidadeendividamento.Pulp and paperliquidityprofitabilityindebtednessBrazil shows competitive and comparative advantages against others wood producers, mainly in thepulp and paper segment, because Brazil has technology in wood production with shorts lifecycles due to thegood climate conditions and the quality of the products exported for many countries around the world. However,in the economical and financial area this advantage is not verified. In reason to the importance of this segment in the Brazilian forest sector the present study had the objective to know the economical and financial situation of six Brazilian pulp and paper companies. The information was obtained with BOVESPA – Sao Paulo State Stock Exchanged by the annual financial balance showed by the companies in the last nine years. Some of the most important economical and financial index was used, like capital profitability. In general, the companies showed a situation of low liquidity and profitability. It was verified an increase of the indebtedness and improvement in the use of the assets in the period. In relation to the operational margin and to the profitability of the equity, thecompanies showed similar behaviors along the time.O Brasil apresenta vantagens competitivas e comparativas frente aos demais países produtores demadeira, principalmente no segmento de celulose e papel, pois apresenta tecnologia na produção de matériaprima com ciclos de produção mais curtos em razão de condições climáticas favoráveis e a qualidade dos produtos exportados para diversas partes do mundo. Porém, na área econômica e financeira, esta vantagem não é constatada. Tendo em vista a importância que este segmento possui dentro do setor florestal brasileiro, o presente estudo busca conhecer a situação econômico-financeira de seis empresas de papel e celulose brasileiras de capital aberto. As informações analisadas foram obtidas junto a Bolsa de Valores do Estado de São Paulo (BOVESPA) por meio de balanços financeiros divulgados pelas empresas nos últimos nove anos. Utilizaram-se para verificar o desempenho das empresas alguns dos mais importantes índices econômico-financeiros, como arentabilidade do capital. Em geral, as empresas mostraram uma situação de baixa liquidez e rentabilidade. Foi constatado um aumento do endividamento e melhora na utilização dos ativos no período estudado. Em relação à margem operacional e à rentabilidade do patrimônio líquido, as empresas mostraram comportamentos semelhantes ao longo do tempo.Embrapa Florestas2010-06-28info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://pfb.cnpf.embrapa.br/pfb/index.php/pfb/article/view/135Pesquisa Florestal Brasileira; n. 54 (2007): jan./jun. Pesquisa Florestal Brasileira; 111Pesquisa Florestal Brasileira; No. 54 (2007): jan./jun. Pesquisa Florestal Brasileira; 1111983-26051809-3647reponame:Pesquisa Florestal Brasileira (Online)instname:Empresa Brasileira de Pesquisa Agropecuária (Embrapa)instacron:EMBRAPAporhttps://pfb.cnpf.embrapa.br/pfb/index.php/pfb/article/view/135/95Almeida, Alexandre Nascimento deBittencourt, Alexandre MuzyHoeflich, Vitor AfonsoLuchesa, Claudio Joséinfo:eu-repo/semantics/openAccess2017-04-28T14:09:00Zoai:pfb.cnpf.embrapa.br/pfb:article/135Revistahttps://pfb.cnpf.embrapa.br/pfb/index.php/pfb/PUBhttps://pfb.cnpf.embrapa.br/pfb/index.php/pfb/oaipfb@embrapa.br || revista.pfb@gmail.com || patricia.mattos@embrapa.br1983-26051809-3647opendoar:2017-04-28T14:09Pesquisa Florestal Brasileira (Online) - Empresa Brasileira de Pesquisa Agropecuária (Embrapa)false
dc.title.none.fl_str_mv Financial and economic performance of some Brazilian cellulose and paper companies
Desempenho econômico-financeiro de algumas empresas brasileiras de celulose e papel
title Financial and economic performance of some Brazilian cellulose and paper companies
spellingShingle Financial and economic performance of some Brazilian cellulose and paper companies
Almeida, Alexandre Nascimento de
Celulose e papel
liquidez
rentabilidade
endividamento.
Pulp and paper
liquidity
profitability
indebtedness
title_short Financial and economic performance of some Brazilian cellulose and paper companies
title_full Financial and economic performance of some Brazilian cellulose and paper companies
title_fullStr Financial and economic performance of some Brazilian cellulose and paper companies
title_full_unstemmed Financial and economic performance of some Brazilian cellulose and paper companies
title_sort Financial and economic performance of some Brazilian cellulose and paper companies
author Almeida, Alexandre Nascimento de
author_facet Almeida, Alexandre Nascimento de
Bittencourt, Alexandre Muzy
Hoeflich, Vitor Afonso
Luchesa, Claudio José
author_role author
author2 Bittencourt, Alexandre Muzy
Hoeflich, Vitor Afonso
Luchesa, Claudio José
author2_role author
author
author
dc.contributor.author.fl_str_mv Almeida, Alexandre Nascimento de
Bittencourt, Alexandre Muzy
Hoeflich, Vitor Afonso
Luchesa, Claudio José
dc.subject.por.fl_str_mv Celulose e papel
liquidez
rentabilidade
endividamento.
Pulp and paper
liquidity
profitability
indebtedness
topic Celulose e papel
liquidez
rentabilidade
endividamento.
Pulp and paper
liquidity
profitability
indebtedness
description Brazil shows competitive and comparative advantages against others wood producers, mainly in thepulp and paper segment, because Brazil has technology in wood production with shorts lifecycles due to thegood climate conditions and the quality of the products exported for many countries around the world. However,in the economical and financial area this advantage is not verified. In reason to the importance of this segment in the Brazilian forest sector the present study had the objective to know the economical and financial situation of six Brazilian pulp and paper companies. The information was obtained with BOVESPA – Sao Paulo State Stock Exchanged by the annual financial balance showed by the companies in the last nine years. Some of the most important economical and financial index was used, like capital profitability. In general, the companies showed a situation of low liquidity and profitability. It was verified an increase of the indebtedness and improvement in the use of the assets in the period. In relation to the operational margin and to the profitability of the equity, thecompanies showed similar behaviors along the time.
publishDate 2010
dc.date.none.fl_str_mv 2010-06-28
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://pfb.cnpf.embrapa.br/pfb/index.php/pfb/article/view/135
url https://pfb.cnpf.embrapa.br/pfb/index.php/pfb/article/view/135
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://pfb.cnpf.embrapa.br/pfb/index.php/pfb/article/view/135/95
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Embrapa Florestas
publisher.none.fl_str_mv Embrapa Florestas
dc.source.none.fl_str_mv Pesquisa Florestal Brasileira; n. 54 (2007): jan./jun. Pesquisa Florestal Brasileira; 111
Pesquisa Florestal Brasileira; No. 54 (2007): jan./jun. Pesquisa Florestal Brasileira; 111
1983-2605
1809-3647
reponame:Pesquisa Florestal Brasileira (Online)
instname:Empresa Brasileira de Pesquisa Agropecuária (Embrapa)
instacron:EMBRAPA
instname_str Empresa Brasileira de Pesquisa Agropecuária (Embrapa)
instacron_str EMBRAPA
institution EMBRAPA
reponame_str Pesquisa Florestal Brasileira (Online)
collection Pesquisa Florestal Brasileira (Online)
repository.name.fl_str_mv Pesquisa Florestal Brasileira (Online) - Empresa Brasileira de Pesquisa Agropecuária (Embrapa)
repository.mail.fl_str_mv pfb@embrapa.br || revista.pfb@gmail.com || patricia.mattos@embrapa.br
_version_ 1783370932449968128

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