Análise do desempenho econômico-financeiro da empresa Petrobras no período de 2018 a 2022

Abstract

The aim of this research was to verify the economic and financial performance of Petrobras from 2018 to 2022. To fulfill this objective, a research study was conducted that was descriptive and analytical in terms of its objectives, documentary in terms of its procedures, and quantitative in its approach. Data collection involved gathering information on the economic and financial indicators from Petrobras's financial statements through the Economatica database. The results indicated that the company had considerable difficulty in presenting satisfactory short-term liquidity. In addition, the company was found to be overly dependente on third-party capital, as well as having a lot of short-term debt. It should also be noted that part of its debt was managed for the long term, as a way of minimising the impact on its liquidity, and that non-current resources were able to finance the organisation's fixed assets, although the degree of immobilisation of shareholders' equity was considered high, so that it would be necessary to finance its current assets. It is also important to mention the unrepresentative returns presented by the organisation, in general, covering Asset Turnover, ROI, ROE and Net Margin. In view of the results presented by the organisation, it can be seen that the Covid-19 pandemic did not have a considerable influence on Petrobras' economic and financial results, since during the pandemic period, the company showed, at times, even more satisfactory results than in the period prior to the pandemic. This can be explained by the sector in which the organisation is located, since it was not significantly affected by the measures implemented during the pandemic. The limitation of this research wasthe sample, which comprised only one company, which did not allow comparison with other organisations. It is therefore suggested that future research analyse the data from other companies, checking the impact of the pandemic on them.