FH&P RATING MODEL AND ITS APPLICATION WITHIN THE SLOVAK SPA ENTERPRISES

Geo Journal of Tourism and Geosites

article

Veronika ČABINOVÁ¹  Jana BURGEROVÁ²  Peter GALLO³ 

[1] University of Prešov in Prešov, Rectorate, Department of Development;University of Prešov in Prešov, Faculty of Education, Department of Natural Sciences and Technological Disciplines;University of Prešov in Prešov, Faculty of Arts, Institute of Educology and Social Work

关键词: spa companies;    Slovakia;    tourism;    financial health;    financial prediction;    transformation tables;    model;    final rating;   

DOI  :  10.30892/gtg.38420-754

学科分类：社会科学、人文和艺术（综合）

来源: Editura Universitatii din Oradea / University of Oradea Publishing House

【 摘 要 】

The aim of the paper is to propose a suitable structure of the newly designed Financial Health & Prediction (FH&P) rating model, and by putting it into practice in Slovak spa enterprises, to contribute to the development of financial management concepts for spa facilities operating in the field of tourism. The quantification of individual dimensions of the FH&P rating model was based on the calculation of selected ten key financial ratio indicators and prediction models. The values (in different units of measure) were converted to points using compiled transformation tables which formed the final score of the FH&P rating model and subsequently the proposed A-FX rating. Based on the results, Kúpele Bojnice, Inc. (SE03), Špecializovaný liečebný ústav Marína, s.e. (SE21) and Kúpele Nimnica, Inc. (SE07) received the best rating. This innovative model provides financial managers actual, simple and understandable overview of the financial health of a spa company and its future financial perspective. With a several adjustments, the FH&P rating model is easily applicable in any economic sector of Slovakia.

【 授权许可】

CC BY-NC-ND