THE INFLUENCE OF NON-CURRENT ASSETS HELD FOR SALE ON THE FIRM'S CURRENT LIQUIDITY INDEX

Authors

  • Maria da Soledade Ferreira dos Santos Santos Alves Faria University Center
  • Manuela Gonçalves Barros University of Brasília (UnB)
  • Leorténolp Sabryna da Silva Oliveira Alves Faria University Center
  • Greyce Kelly de Matos Carrijo Brito Alves Faria University Center

Abstract

The article evaluated the impact of non-current assets held for sale on the current liquidity indicator. The sample consisted of 31, 36 and 32 active companies with shares traded in Latin America, based in Brazil, in the years 2013, 2014 and 2015, respectively. The analysis was performed using the Wilcoxon test, an alternative to the Student t test, for the year 2015, and using the Student t test, for the years 2013 and 2014. There was a statistically significant difference between the liquidity indicator calculated with and without non-current assets held for sale presented in the periods under study. Thus, it is evident that the reclassification of non-current assets as held for sale has implications for the economic-financial analysis of firms in terms of liquidity. The main contribution of the study is in the analysis of the impact of the reclassification of non-current assets held for sale from the perspective of the economic-financial analysis of companies, still little explored in the related literature.

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Author Biographies

Maria da Soledade Ferreira dos Santos Santos, Alves Faria University Center

Graduated in Accounting Sciences from the Alves Faria University Center.

Manuela Gonçalves Barros, University of Brasília (UnB)

Master of Science in Controllership and Accounting (FEA-RP/2016) from the University of São Paulo (USP) and Bachelor of Science in Accounting (FACE/2013) from the Federal University of Goiás (UFG). Assistant Professor at the Federal University of Mato Grosso (UFMT), at the Faculty of Administration and Accounting Sciences (FACC), in the Accounting Department. PhD student in Accounting at the Graduate Program in Accounting Sciences (PPGCont) at the University of Brasília (UnB). She works mainly with teaching and research in Financial Accounting and Corporate Finance.

Leorténolp Sabryna da Silva Oliveira, Alves Faria University Center

Graduated in Accounting Sciences from the Alves Faria University Center.

Greyce Kelly de Matos Carrijo Brito, Alves Faria University Center

Graduated in Accounting Sciences from the Alves Faria University Center.

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Published

2023-04-28

How to Cite

SANTOS, Maria da Soledade Ferreira dos Santos; BARROS, Manuela Gonçalves; OLIVEIRA, Leorténolp Sabryna da Silva; BRITO, Greyce Kelly de Matos Carrijo. THE INFLUENCE OF NON-CURRENT ASSETS HELD FOR SALE ON THE FIRM’S CURRENT LIQUIDITY INDEX. ConTexto - Contabilidade em Texto, Porto Alegre, v. 23, n. 53, p. 38–51, 2023. Disponível em: https://seer.ufrgs.br/index.php/ConTexto/article/view/123596. Acesso em: 9 aug. 2026.

Issue

Vol. 23 No. 53 (2023): v. 23, n. 53 (2023): jan/abr. 2023

Section

Artigos

License

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