The aim of the thesis is to evaluate the financial situation of the selected company Eutit Ltd. for a selected period. The firm is the world's largest producer of fused basalt. Assessing the financial situation will be made for the period 2012-2015. The theoretical part focuses on the theoretical foundations of financial analysis, describes its objectives, principles of the method used most in practice provides a current view on the issue of financial analysis. The practical part describes the selected company, its history and present. For the evaluation of economic situation of company Eutit Ltd. was the use of horizontal, vertical analysis, financial ratios analysis using bankruptcy or credibility models. Subsequently, the calculated values of indicators will be compared with the industry average values. In conclusion, the evaluated results of the financial analysis are to determine the overall economic effectiveness of the selected company with evaluated as very positive.

The diploma thesis uses theoretical knowledge from the literature sources. The diploma thesis characterizes capital market and the securities which are active on the capital market. The main theoretical part of diploma thesis is about bonds. The practical part of diploma thesis is to analyse and compare the state bond, the bank bond and the corporate bond. All of chosen bonds are active on the Czech capital market. The analyses of the state bond, the bank bond and the corporate bond are provides by calculating of the intrinsic value (the present value) of the bonds, of the profitability of the bonds and of the duration of the bonds. The analyses consists also from the comparing the liquidity of the bonds and their risk. The diploma thesis includes also a global fundamental analyze. The final part of diploma thesis is comparing of the results of the analyses of the bonds and also includes the advice for the potential investor which bond is better for investing.

Diplomová práce hodnotí finanční strukturu malého podniku. Práce je rozdělana na část teoretickou a praktickou. Teoretická část je věnována popisu teoretického aparátu finanční analýzy se zaměřením na malý podnik. Praktická část je věnována stavu malých a střednich podniků v ČR, odvětví ve kterém se zvolený podnik nachází a hlavní část je věnována aplikaci teoretických znalostí na zvolený podnik. V závěrečné části je SWOT analýza a v samotném závěru je zhodnocení finančního stavu podniku a návrhy na možné uplatnění firmy do budoucna.

Tato diplomová práce je věnována hodnocení finanční situace podniku. Jejím cílem je pomocí dostupných informací zhodnotit finanční situaci a vývoj společnosti Subterra a.s. za období 2002-2006. Posouzení finančního zdraví společnosti je provedeno prostřednictvím vybraných ukazatelů finanční analýzy. Teoretická část obsahuje popis jednotlivých metod hodnocení finančního zdraví společnosti - horizontální analýzu, vertikální analýzu, bilanční pravidla, poměrové ukazatele, Du Pontův rozklad, ukazatele EVA, Altmanovou analýzu, Indexy IN a hodnocení podle Pollaka. Praktická část obsahuje aplikaci popisovaných metod na konkrétní údaje společnosti Subterra a.s. V závěru jsou hodnoceny výsledky jednotlivých metod.

My diploma thesis focuses on a financial analysis of the company JOKEY PRAHA CZ, s.r.o. for period 2009-2012. The aim of this thesis is to assess the company's economic performance and financial health with a support of the financial analysis tools. The diploma thesis is divided into two main parts - methodical and application. Methodical part describes the subject, purpose of the financial analysis and its sources and methods. This part is followed by application part which applies previously gained insights to the specific company. The conclusion is dedicated to a summary of the results of the applied financial analysis.

Tato diplomová práce je věnována hodnocení finanční situace podniku. Jejím cílem je pomocí dostupných informací zhodnotit finanční situaci a vývoj společnosti Subterra a.s. za období 2002-2006. Posouzení finančního zdraví společnosti je provedeno prostřednictvím vybraných ukazatelů finanční analýzy. Teoretická část obsahuje popis jednotlivých metod hodnocení finančního zdraví společnosti - horizontální analýzu, vertikální analýzu, bilanční pravidla, poměrové ukazatele, Du Pontův rozklad, ukazatele EVA, Altmanovou analýzu, Indexy IN a hodnocení podle Pollaka. Praktická část obsahuje aplikaci popisovaných metod na konkrétní údaje společnosti Subterra a.s. V závěru jsou hodnoceny výsledky jednotlivých metod.

Pěška, O. The impact of financial leverage on profitability and stability in building societies. Diploma thesis. Brno: Mendel University, 2017. This diploma thesis deals with impact of financial leverage on financial profitability, measured by ROA and ROE, and financial stability, measured by CAR and LIQ, in building societies. The impact will be examined by regressive analysis and for period between years 2006 to 2015 included pre-crise period, crise and post-crise period. Data will be extracted for building societies acting in Czech Republic, Slovakia and Austria. The analysis will be executed for individual countries and results will be compared.

The thesis investigates if introduction of Exchange Traded Fund, which replicates given index, has impact on liquidity and risk of underlying component securities. This thesis specifically examines impact of introduction ETF called Lyxor ETF WIG20, which was introduced at Warsaw Stock Exchange. ETF holds stock of WIG 20 Index. The impact on liquidity is investigated by using univariate analysis and by using multivariate panel regression, where dummy variable is used. The impact on risk of component stock is analyzed by beta coefficient.

In the thesis we analyze sixteen commodity futures markets belonging to four families (energy type, grains, metals and other agricultural commodities) utilizing futures prices of front, back and roll futures contracts. As the tests for cointegration between front and back futures prices give us contradictory results we concentrate on roll contracts defined as the difference between front and back commodity futures contracts. We found that all commodity roll futures except natural gas and wheat futures exhibit long memory, which is usually connected with the fractal market hypothesis. Further, we employ specific ARMA and ARFIMA models and rolling window one-day-ahead technique to predict roll futures contract prices. Based on analysis of relation between resulting predictability and liquidity of roll futures contracts we concluded that lowest predictability is linked with the lowest liquidity among all commodities except metals and found evidence that predictability is positively dependent on liquidity among all commodities except metals, lumber, soybean oil and soybeans. The revealed dependence is strongest for energy type commodities. The relations and dependencies on the commodity futures markets are of high importance for all market participants such as hedge managers, investors, speculators and also for...

The master's thesis deals with modeling Value at Risk model adjusted by liquid- ity. For this purpose we use quantile regression analysis and liquidity proxies. We find out that Garman-Klass volatility estimator can be very useful in pe- riod 2000-2008 for the small and mid-size semiconductor companies but not in period 2008-2015. The NASDAQ composite Garman-Klass volatility is useful for all semiconductor companies for period 2008-2015. We might conclude that from the outbreak of the crisis returns of all semiconductor companies might depend on movement of NASDAQ composite index. We use Amihud and Roll measures as the liquidity proxies but the results are not persuasive regardless or size of companies and period we analyzed. JEL Classification G11, G14, G17, G18, G32 Keywords liquidity, value at risk, quantile regression Author's e-mail michalnd@gmail.com Supervisor's e-mail barunik@utia.cas.cz Abstrakt Diplomová práce se zabývá modelováním hodnoty v risku upravenou o likvid- itu. Pro tuto analýzu jsme použili kvantilovou regresi a proměnné indikující likviditu. Došli jsme k závěru, že Garman-Klass volatility estimator je velmi užitečný pro malé a středně velké firmy operující na trhu s polovodiči a to v ob- dobí 2000-2007, nikoliv však období 2008-2015. NASDAQ composite...