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2022-05-23T14:22:49Z2022-05-23T14:22:49Z20191133635110.36661/2596-142X.2019v1i1.87472596142Xhttp://hdl.handle.net/1843/41885O objetivo geral da pesquisa apresentada neste artigo foi analisar odesempenho econômico-financeiro de empresas mineiras de capital fechado no período de 2011 a 2014. Nesse estudo, descritivo e quantitativo, foram coletados dados secundários de 127 empresas mineiras de capital fechado (de 17 setores de atividades distintos). Para análise dos dados, foram empregadas as seguintes técnicas: estatística descritiva, estatística do qui-quadrado e teste de Kruskal-Wallis. A análise dos indicadores de Liquidez indicou valores médios superiores a 1,0 considerando todos os horizontes temporais. Por sua vez, os indicadores de Estrutura de Capital demonstraram o maior uso médio de capitais de terceiros em relação ao próprio. Sobre os indicadores de Rentabilidade e Lucratividade, verificou-se um resultado médio baixo em todos os indicadores. Já no caso dos principais indicadores do Modelo DuPont, observou-se que o grau de endividamento das empresas ajudou a alavancar o Retorno sobre o Patrimônio Líquido delas. Ademais, o teste de Kruskal-Wallis indicou diferenças significativas entre os setores de atividades das empresas no que se refere a todos os indicadores analisados. Sobreo Modelo Dinâmico, constatou-se que a maioria das empresas analisadas pode ser classificada como Sólidas ou Insatisfatórias, no que tange à gestão do seu capital de giro. Nesse caso, enquanto as classificadas como sólidas conseguem usar o capital de giro para financiar sua necessidade de capital de giro, as classificadas como insatisfatórias também demandam recursos de terceiros para financiar tal necessidadeThis paper presents a research that aimed at analyzing the financial performance of private companies located in Minas Gerais State. This descriptive and quantitative study was conducted with data from 127 private companies (which belong to 17 different activities sectors) from 2010 to 2014. The following techniques were employed in analyzing data: descriptive statistics, chi-squared test and Kruskal-Wallis’ test. The analysis of liquidity ratios indicated values higher than 1.0 considering all time horizons. On the other hand, the capital structure ratios demonstrated the higher use of debt over equity. About the profitability ratios, we observed low values over the analyzed ratios. Moreover, the main ratios of DuPont Model indicated that the level of companies’ indebtedness support the rise of their ratio on equity. It is important to note that the Kruskal-Wallis’ test displayed significant differences among all the analyzed ratios considering their sector of activity. Last, the analysis from the standpoint of Dynamics Model showed that the majority of analyzed companies could be classified as “Solid ones” or “Unsatisfactory ones”in according to their working capital managementThe Solid ones employ their working capital for financing their working capital requirement. On the other hand, theUnsatisfactory onesemployed also onerous liabilities for financing that lack.porUniversidade Federal de Minas GeraisUFMGBrasilENG - DEPARTAMENTO DE ENGENHARIA PRODUÇÃOFCE - DEPARTAMENTO DE CIÊNCIAS ADMINISTRATIVASFCE - DEPARTAMENTO DE CIÊNCIAS CONTÁBEISRevista Gestão e SustentabilidadeAdministraçãoAdministração financeiraDesempenho econômicoDesempenho financeiroEmpresas mineirasAnálise do desempenho econômico-financeiro de empresas mineiras de capital fechadoAn financial analysis of private companies in Minas Gerais Stateinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttp://https://periodicos.uffs.edu.br/index.php/RGES/article/view/8747Ewerton Alex AvelarHelen Rose PereiraNelha Maura Tavares RibeiroAntônio Artur de Souzainfo:eu-repo/semantics/openAccessreponame:Repositório Institucional da UFMGinstname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGLICENSELicense.txtLicense.txttext/plain; charset=utf-82042https://repositorio.ufmg.br/bitstream/1843/41885/1/License.txtfa505098d172de0bc8864fc1287ffe22MD51ORIGINALVista do Análise do Desempenho Econômico-Financeiro de Empresas Mineiras de Capital Fechado.pdfVista do Análise do Desempenho Econômico-Financeiro de Empresas Mineiras de Capital Fechado.pdfapplication/pdf5177110https://repositorio.ufmg.br/bitstream/1843/41885/2/Vista%20do%20An%c3%a1lise%20do%20Desempenho%20Econ%c3%b4mico-Financeiro%20de%20Empresas%20Mineiras%20de%20Capital%20Fechado.pdf2ad4eb71bfebf9439c32948981229762MD521843/418852022-05-23 11:22:49.789oai:repositorio.ufmg.br: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Repositório InstitucionalPUBhttps://repositorio.ufmg.br/oaiopendoar:2022-05-23T14:22:49Repositório Institucional da UFMG - Universidade Federal de Minas Gerais (UFMG)false
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