Indicadores financeiros: uma análise frente à crise econômica do "subprime" nas maiores produtoras de minério de ferro brasileiras

Abstract

A world-size economics crisis was instituted in recente years bringing efects in several markets. Studies involving economic indicators enable us to evalueted the impacts caused in periods of instability, allowing to infer about possible facts that generate such variation, if found, and possible adjustments that can be made by managers in order to maximize the company’s value, that way, standing out among other companies in the same industry at times when the market is not favorable. For the study in question, three functional categories of analysis were used, with their respective indexes: strategy, efficiency and solvency indicators. These with their subclassifications allow us to evaluate each financial instance and structure of an institution. The mineral market represented about 36.6% of the Brazilian trade balance in 2018, according to IBRAM, which shows us its importance for the country’s economy. The research aims to identify the occurrence of economic crisis in the period from 2005 to 2018; to determine the financial indicators of the two largest iron ore producers in Brazil, according to the Brazilian Mining Institute; to compare the indices calculated by analyzing their main variations and relate them to the country’s economic health.