Calculate the risk of corporate insolvency! | Faculty of Management and Economics at the Gdańsk University of Technology

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Date added: 2021-04-27

Calculate the risk of corporate insolvency!

Calculate the risk of corporate insolvency!
– invention of computational models by scientists from FME Gdańsk Tech. Ph.D., D. Sc., Eng. Tomasz Korol, Gdańsk Tech professor and Ph.D., D. Sc. Błażej Prusak, Gdańsk Tech professor invented formulas to calculate the risk of corporate insolvency. It is enough to enter the annual financial results of the company and the model will calculate to what extent the company is at risk of insolvency.

Corporate insolvency prediction is a major challenge of contemporary research in the field of economics and finance. Models for insolvency prediction are of immense importance for economists who have to continuously predict the financial position of companies. Frequently, such models allow indicating simply and quickly early warning signs of the potential risk of insolvency.

Model 1 –authored by prof. Tomasz Korol - is intended for all company types except for financial sector companies Model 2 – invented by prof. Błażej Prusak  is intended for assessing the risk of insolvency of production companies. Both models are available on a dedicated website: http://prognozowanie.zie.pg.gda.pl/?lang=en

Models for predicting corporate insolvency risk often allow to indicate early warning signs of the potential risk of insolvency simply and quickly:

  • in the context of early warning signs of the deterioration of a company's financial position,
  • from the perspective of assessing the solvency of business partners,
  • from the perspective of credit risk assessment by financial institutions,
  • in the context of implementing financial and economic plans within the company,
  • from the perspective of assessing the risk of company share purchase by individual and institutional investors on stock exchange markets.

Calculate the risk of corporate insolvency

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