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The evaluation of financial standing of agricultural enterprises taking part in 'Ranking 300' has been presented in the article. The following criteria have been taken into consideration when evaluating these firms: net nominal financial effect, nominal and real rate of own capital return as well as current and quick liquidity ratios. It resulted from the study that neither nominal net financial effect nor nominal rate of capital return can form the base for financial decisions in enterprises under the condition of inflation. Both these measures suggested a very good financial standing of the enterprises while a real financial effect resulted from inflation. Each of the cash payment from inflation profit contributed to deepen depreciation of the own capital, that means consuming up of the enterprise estate. It has also been stated that in the period when real rates of return from own capital were negative the deterioration of financial liquidity ratios were observed as well.
Institute of Agricultural and Food Economics - National Research Institute, Polish Academy of Sciences' Committee on Agricultural Economics, Polish Economic Society
Instytut Ekonomiki Rolnictwa i Gospodarki Żywnościowej – Państwowy Instytut Badawczy