Applications credibility and bankruptcy models to compare the financial health of breweries

This thesis deals with selected credit scoring and bankruptcy models and their ability to pre-dict financial problems in a company. Among the models included in the paper are the Altman bankruptcy model Z - Score, Index of credibility of the Neumaier (IN95, IN05) Taffler mod-el, Kralicek Quick test, Grünwald creditworthiness model. The methodological part focuses on the detailed description of each individual model. The practical part includes a customised application of the models on the selected breweries and subsequent assessment of the ability of the models to predict financial distress