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IMPROVED METHODS OF EVALUATION OF FINANCIAL SECURITY FOR COMPANIES IN UKRAINE
Author(s) -
Tetiana Kharchuk,
Viacheslav А. Kredisov,
Victoria Melnik,
Olena Purdenko
Publication year - 2020
Publication title -
financial and credit activity problems of theory and practice
Language(s) - English
Resource type - Journals
eISSN - 2310-8770
pISSN - 2306-4994
DOI - 10.18371/fcaptp.v1i32.200300
Subject(s) - estimation , bankruptcy , volatility (finance) , business , financial security , normative , finance , risk analysis (engineering) , actuarial science , economics , philosophy , management , epistemology
In the article the main approaches to the estimation of the level of financial security of the companies (on the basis of the component of economic security, indicated, financially-oriented, resource-functional, minimizing-criterial, integral, on the basis of determining the probability of bankruptcy) are analyzed, summarized and detailed of the specifics of its level calculations according to the data of financial coefficients. The main indicators of the financial condition of the enterprises, for which normative values are established in accordance with official domestic methods are given. The leading methods of systems of financial security analysis of the enterprise are investigated, the advantages and disadvantages of their practical application for domestic enterprises are mentioned. The experience of the integrated estimation of the financial state according to the financial coefficients is described, on the basis of which the method of calculating the volatility of prices as a measure of the degree of financial risk is proposed. The suggestions of applied value for the use of general scientific methods of cognition are given. it is established that the analyzed methods and methods of protection will enable the management of the enterprise to choose the most suitable for them and economically justified in a particular situation model.

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