Economic-financial analysis of Coviñas V. Cooperative

Abstract

The following project deals with an economic-financial analysis of the leading winery cooperative in the wine sector, Coviñas, of the Utiel-Requena Denomination of Origin in the region of the Valencian Community. Under the approach of the specialties of a Cooperative, the situation and evolution of “Coviñas Cooperativa Valenciana” is analyzed during the period from 2017 to 2019. The study emanates from the company's financial statements. The objective pursued is to analyze the Cooperative’s equity distribution, as well as the parameters of liquidity, solvency, profitability, and cash flow. For a more in-depth analysis, and to complete the contextualization process, a comparative analysis has been added with other cooperatives in the area: “La Baronía de Turís” and “Bodegas Bocopa” during the same period, in order to evaluate the company’s position in the wine sector.