Received: 2017-08-20  |  Accepted: 2017-11-15  |  Published: 2017-12-29


New information technologies use for Latvian stock companies financial health evaluation


Financial health of companies in certain region is the foundation on which the prosperity of region is based. If companies in region are healthy and successful, there are good reasons to believe that all social problems can be solved relatively easy. Regional economic development in Latvia at present time happens inhomogeniously – there is a growing region near Riga where economic and social development is going very good, and there are regions where results are worse. The main purpose of this paper is to describe, apply and provide critical review the existing information technologies based possibilities for Latvian companies’ financial health evaluation. We focus on the set of financial ratios necessary for economic health evaluation and homepages parsing based methods for these ratios determination for Latvian companies.


new information technologies, fundamental analysis

JEL classifications

M20 , M40






This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License


Hilkevics, Sergejs
Ventspils University College, Ventspils, Latvia
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Hilkevica, Galina
Ventspils University College, Ventspils, Latvia
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Journal title

Entrepreneurship and Sustainability Issues





Issue date

December 2017

Issue DOI


ISSN 2345-0282 (online)


VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania


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