Análise de desempenho econômico-financeiro durante pandemia Covid-19: estudo da empresa Gás de Alagoas S. A. - Algás nos anos 2016 a 2021

Abstract

This research aimed to analyze whether there were impacts caused by the Covid-19 Pandemic on the economic and financial performance of the company Gás de Alagoas S.A. - Seaweed. The data used to carry out this research, of a descriptive nature, were collected from the Balance Sheet (BP) and the Income Statement (DRE) available on the company's website, data that are also available in the Official Gazette of the State of Alagoas. The research consisted of analyzing Payment Capacity, Indebtedness, Profitability and Working Capital Analysis, from 2016 to 2021. The results found showed that the company, in general, was able to honor its commitments, betting on the use of third-party capital to finance its short-term debt, while its own capital was used for investments in Non-Current Assets through the expansion of the gas distribution network. Its profitability, previously falling, improved returns on investments in mid-2019 and was slowed down in 2020 by the Covid-19 Pandemic, resuming its evolution in 2021, along with its Working Capital and Treasury Balance. In this research, it was verified that the economic-financial performance of the company Gás de Alagoas – Algás was temporarily affected by the covid-19 pandemic, through the slowdown of growth in 2020, however recovering its performance in 2021.