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The Analytical Aspects of Management of the Liquidity Level and Solvency of Enterprises in the Energy Industry

Authors :
Biliavska Anastasiia V.
Mizunska Iryna R.
Kovalchuk Natalia О.
Source :
Bìznes Inform, Vol 1, Iss 492, Pp 255-261 (2019)
Publication Year :
2019
Publisher :
Research Centre of Industrial Problems of Development of NAS of Ukraine, 2019.

Abstract

The article is aimed at assessing the real financial condition of the JSC «Chernivtsioblenergo» and the JSC «Lvіvoblenergo» and defining possible ways to improve the management over the available assets of these two organizations. A comprehensive analysis of the financial condition of the above enterprises is carried out. Their liquidity and solvency is assessed; the corresponding indices for the analyzed period of 2015–2017 are calculated; the economic value of each indicator and its actual role in the studying of the enterprises’ statuses are summarized. The enterprises’ compliance with the «golden rule of financing» for the researched period is analyzed. The basic problems of the unstable financial condition of the organizations are determined with help of the calculated coefficients and the steps expedient for stabilization of the situation are suggested.

Details

Language :
English, Russian, Ukrainian
ISSN :
22224459 and 2311116X
Volume :
1
Issue :
492
Database :
Directory of Open Access Journals
Journal :
Bìznes Inform
Publication Type :
Academic Journal
Accession number :
edsdoj.2b531b45fd9742fcac21d3524f7cdd29
Document Type :
article