Solvency

Financial resilience of agricultural and food production companies in Spain: A compositional cluster analysis of the impact of the Ukraine-Russia war (2021-2023) ArXiv ID: 2504.05912 “View on arXiv” Authors: Unknown Abstract This study analyzes the financial resilience of agricultural and food production companies in Spain amid the Ukraine-Russia war using cluster analysis based on financial ratios. This research utilizes centered log-ratios to transform financial ratios for compositional data analysis. The dataset comprises financial information from 1197 firms in Spain’s agricultural and food sectors over the period 2021-2023. The analysis reveals distinct clusters of firms with varying financial performance, characterized by metrics of solvency and profitability. The results highlight an increase in resilient firms by 2023, underscoring sectoral adaptation to the conflict’s economic challenges. These findings together provide insights for stakeholders and policymakers to improve sectorial stability and strategic planning. ...

Theoretical Review of the Role of Financial Ratios ArXiv ID: ssrn-3472673 “View on arXiv” Authors: Unknown Abstract Purpose – Financial ratios are an instrumental tool in the world of finance and hence comprehensive knowledge of its various aspects is mandated for its user. T Keywords: Financial Ratios, Fundamental Analysis, Credit Risk, Financial Statement Analysis, Solvency, Fixed Income Complexity vs Empirical Score Math Complexity: 2.0/10 Empirical Rigor: 1.0/10 Quadrant: Philosophers Why: The paper is a qualitative literature review that discusses historical concepts and applications of financial ratios without presenting novel mathematical derivations, statistical models, or backtesting results. flowchart TD A["Research Goal:<br>Review Financial Ratios' Theoretical Role"] --> B["Key Methodology:<br>Theoretical Review & Analysis"] B --> C["Data/Inputs:<br>Finance Literature & Financial Statements"] C --> D["Computational Processes:<br>Ratio Calculation & Fundamental Analysis"] D --> E["Key Outcomes:<br>Credit Risk, Solvency & Fixed Income Assessment"]

Are State Public Pensions Sustainable? Why the Federal Government Should Worry About State Pension Liabilities ArXiv ID: ssrn-1596679 “View on arXiv” Authors: Unknown Abstract This paper analyzes the flow of state pension benefit payments relative to asset levels and contributions. Assuming future state contributions fund the full pre Keywords: Pension Funds, Asset Liability Management, State Pensions, Solvency, Defined Benefit Plans, Fixed Income Complexity vs Empirical Score Math Complexity: 3.0/10 Empirical Rigor: 7.0/10 Quadrant: Street Traders Why: The paper uses straightforward present value calculations and scenario analysis based on state-reported data rather than advanced mathematical derivations, but it is heavily data-driven, relying on extensive actuarial and financial data from state pension reports to produce specific numerical forecasts and state-by-state outcomes. flowchart TD A["Research Goal: Assess State Pension Sustainability<br> & Asset Liability Management"] --> B["Data Inputs: State Pension Fund<br>Benefit Payments, Asset Levels, Contributions"] B --> C["Computational Process:<br>Stochastic Modeling of Asset Liability Mismatch"] C --> D["Key Finding: Insufficient Contributions<br>to Fund Full Future Benefits"] D --> E["Outcome: Solvency Risk Identified<br>Requiring Federal Policy Attention"]