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.

翻译：本研究利用基于财务比率的聚类分析方法，探讨了乌克兰-俄罗斯战争背景下西班牙农业与食品生产企业的财务韧性。研究采用中心化对数比变换对财务比率进行成分数据分析。数据集涵盖2021-2023年期间西班牙农业与食品领域1197家企业的财务信息。分析揭示了具有不同财务表现的企业聚类群体，这些群体通过偿付能力与盈利能力指标得以表征。研究结果突显出截至2023年韧性企业数量的增长，表明该行业对冲突引发的经济挑战具有适应性调整能力。这些发现共同为利益相关者及政策制定者提升行业稳定性与战略规划提供了重要参考依据。