Gestão do capital de giro e desempenho em tempos de crise nas empresas do segmento de papel e celulose listadas e negociadas na B3

Abstract

The analysis of the statements aims to designate performance for the proper use of resources, so it is possible to estimate the possibility of the company generating profit through the indicators, in addition to providing information about the company's financial condition, allowing adequate decision making.. Considering the relevance of working capital management, the present study aims to evaluate the dynamic and traditional model, that is, the capital structure indicators, liquidity and profitability indicators, as well as the Fleuriet Model. was carried out with companies in the pulp and paper sector listed on B3 in the period from 2011 to 2021, it was carried out through quantitative research. When performing the analysis, it can be proved that in comparative terms of size, Melhoramentos SP is highlighted, becoming derisory in the study. The results indicated good indices for Klabin and Suzano, in relation to the indicators of the Fleuriet Model, presenting an efficient Net Working Capital, but in relation to the liquidity indicators, the general one was in deficit, while the others are satisfactory, and Regarding profitability, the indices were very oscillating.