Analysis and Assessment of Enterprise “Vtorchermet” Financial Sustainability
Zyuzina N.N1, Krovopuskov P.A2
1Zyuzina N.N., Lipetsk State Technical University, Lipetsk, Russia.
2KrovopuskovP.A, Lipetsk State Technical University, Lipetsk, Russia.
Manuscript received on 01 July 2019 | Revised Manuscript received on 15 July 2019 | Manuscript Published on 23 August 2019 | PP: 29-33 | Volume-8 Issue-9S3 July 2019 | Retrieval Number: I30060789S319/19©BEIESP | DOI: 10.35940/ijitee.I3006.0789S319
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open-access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The success or survival of an organization depends on the information quality provided, at the modern world. Properly prepared statements will help determine the impact of internal and external factors affecting the enterprise development. The purpose of the company financial condition analysis is to save financial resources and increase its financial significance, aimed at improving the use impact, identifying opportunities for improving the enterprise activities. Any financial statements allow any economic entity to use the adopted system of financial indicators to attract potential customers, as well as to confirm its reliability as a potential partner. Making sound management decisions requires the ability to “read” financial statements, which, accordingly, makes it possible to develop a correct prediction of a future partnership success, since it allows a timely a property assessment and a partner financial situation. The sustainability assessment of the commercial relationships future development is necessary both for the companies themselves and for their potential partners who wish to receive reliable information about the stable financial condition and reliability of their counterparty (client or customer). For this reason, an increasing potential counterparties circle is involved in conducting research and assessing the particular company financial sustainability.
Keywords: Financial Stability, Analysis, Assessment, Financial Sustainability Indicators.
Scope of the Article: Predictive Analysis