VYVOJ RENTABILITY, LIKVIDITY A AKTIVITY VO VYBRANOM SUBORE POL'NOHOSPODARSKYCH PODNIKOV V ROKOCH 200-2008

The paper evaluates the development of return on equity, cash ratio, and asset turnover ratio in agriculture during the period 2000-2008. For evaluation and analyzes there was used the database from The Research Institute of Agricultural and Food Economics (RIAFE) and a selected sample of 2 250 agricultural companies, which means 20 % out of all agricultural body corporate in Slovakia. The criterion for the selection was the best 250 enterprises per each year in selected ratio performance. The evaluation of Return on equity shows that also agriculture can be attractive for investors especially after joining the EU. But the fact that only 2 enterprises had during the years 2000-2008 the best ROE performance needs to be taken into account. The range of generally recommended values for cash ratio is 0.2--0.6 or 0.8. Agricultural enterprises suffer from low liquidity; however the results show that there is a difference between the years 2000-2003 and 2004-2008. After entering the EU the cash ratio increased to higher values than generally recommended. Asset turnover ratio on the other hand decreased after entering the EU in 2004