Abstract:
This paper deals with the application of fuzzy logic for the evaluation of liquidity of Czech construction companies. The author has designed two models that can be used by corporate management for an evaluation of the liquidity level and for the taking of appropriate measures in the event of an adversely developing situation. The first model has been elaborated in the MS Excel application. It is a model on the basis of which a fuzzy model has been created in MathWorks MATLAB. Both models have been elaborated based on an identical set of financial indicators from the years 2010 - 2013. The model created in MathWorks MATLAB uses the process of gradual addition of rules to guarantee a sufficient accuracy thanks to the repeatedly complemented database of rules. The results obtained show that fuzzy models can reliably predict the liquidity of companies with an accuracy of up to 90%.
