Evaluation and ways of improving the financial state enterprise at the example of JSC airline "International airlines of Ukraine"
Authors: V. P. Bykhovchenko, A. A. Synytsia
Number of views: 474
The article discusses the basic tasks of financial analysis and major groups of indicators characterizing the financial condition of enterprises. The analysis of current indicators at the enterprise is carried out. Areas of improvement of financial condition of the enterprise are considered on the example of "Private Joint-Stock Company" Ukrainian Airlines "International Airlines. The analysis of the enterprise financial state is one of the main tools to find the competitiveness of producer. The development and implementation of new analytical methods and ways to improve the financial company states will increase its property potential to restore paying capacity and profitability. Insufficient attention is paid to improving the financial situation and finding ways to overcome the crisis.
An assessment of the financial state can’t be carried out through one indicator, but only with the help of a complex system of indicators that details the financial condition of the enterprise. Various methods and models of analysis are used to analyze the financial condition of the company, their quantity and breadth of application depend on the specific purposes of the analysis and are determined by its tasks in each particular case. It is important to note that the most common are balance methods and models, coefficient estimation, rating estimation, integral complex estimation, estimation of the probability of bankruptcy on the basis of statistical models.
Understanding of the necessity of conducting financial diagnostics of the enterprise and timely and qualitative analysis are essential for making managerial decisions which are directed to the decision of questions of choice of the direction of activity and development of the enterprise, improvement of its efficiency, competitiveness and profitability.