Multivariate statistical methods as a tool of financial analysis of farm businesses
J. Novák, H. Sůvová, J. Vondráčekhttps://doi.org/10.17221/5281-AGRICECONCitation:Novák J., Sůvová H., Vondráček J. (2002): Multivariate statistical methods as a tool of financial analysis of farm businesses. Agric. Econ. – Czech, 48: 9-12.
The paper is focused on the evaluation of the possibilities of analysing the relations between economic and financial indicators of farm businesses by the application of multivariate statistical methods. It also indicates the possibilities of the construction of a general economic indicator of business effectiveness.Keywords:
financial analysis, financial ratios, multivariate statistical methods, correlation analysis, discriminant analysis, cluster analysis