Optimalizace kapitálové struktury podniku Fortuna game, a.s

This bachelor's thesis devotes to optimization of the capital structure of the chosen company and advantage of using liabilities to achieve lower costs of capital. The bachelor's thesis uses the method of weighted average cost of capital according to classic theory which is based on "U" curve. For a comprehensive evaluation financial health and development in the period are used mathematical-statistical methods of financial analysis, specifically horizontal and vertical analysis and financial ratios. Principles of balance funding rules are included as inspection of compliance with the recommended criteria in determining on the level of debt. The bachelor's thesis concludes that at the higher level of debt the company could bear lower cost of capital. Nevertheless under the assumed interest rates the company did not have to achieve defined amount of capital and thus reduce their cost of capital.