Análise dinâmica do capital de giro das empresas do setor hotéis e restaurantes listadas na B3

Abstract

The objective of this research is to analyze the change in the ratings of B3 listed hotel and restaurant sector companies during the annual results from 2018 to 2021. The dynamic analysis model was developed in the 1980s by Frenchman Michael Fleuriet, as an alternative to traditional analysis, focusing on working capital analysis. The research is characterized as descriptive, with a qualitative approach, and its procedures were performed through documentary research, because the data from the financial statements were used to calculate the variables of the Fleuriet model or Dynamic model. The results obtained through these calculations reveal that although the pandemic crisis that started in 2020 through the coronavirus has affected companies in the hotel and restaurant segment, causing a delay or return in their financial structures, it was possible to see companies that remained stable. This study can collaborate being a source of research for academics, as a basis for investors and those interested in finance, to understand the importance of working capital.