LIQUIDITY OF ENTREPRENEURS IN THE REPUBLIC OF SERBIA

Abstract

The purpose of the conducted research is to examine the level and trends of liquidity ratio of entrepreneurs in the Republic of Serbia in the period from 2014 to 2023. The research was conducted on the basis of the aggregate data of entrepreneur operations in the Republic of Serbia, published by the Business Registers Agency within the Financial Statements Annual Bulletin. For the paper purposes, liquidity was measured by the current ratio, quick ratio, cash ratio and net working capital. The research showed that during the observed ten-year period, the liquidity ratio values were below reference values, with a growing trend. It was also found that during this period the net working capital value increased, being positive in all these years.