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Financial resilience of agricultural and food production ...
[Submitted on 8 Apr 2025 (v1), last revised 8 Jun 2026 (this ver · 2026-06-09 · via stat updates on arXiv.org

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Abstract:This study analyses the financial resilience of agricultural and food production companies in Spain amid the Ukraine-Russia war using cluster analysis based on financial ratios. This research utilizes centred log-ratios to transform financial ratios for compositional data analysis. The dataset comprises financial information from 1197 firms in Spain's agricultural and food sectors over the period 2021-2023. The analysis reveals distinct clusters of firms with varying financial performance, characterized by metrics of solvency and profitability. The results highlight an increase in resilient firms by 2023, underscoring sectoral adaptation to the conflict's economic challenges. These findings together provide insights for stakeholders and policymakers to improve sectorial stability and strategic planning.

Submission history

From: Germà Coenders [view email]
[v1] Tue, 8 Apr 2025 11:08:51 UTC (840 KB)
[v2] Tue, 22 Jul 2025 13:41:02 UTC (1,018 KB)
[v3] Mon, 8 Jun 2026 11:48:47 UTC (847 KB)