Open AccessANALISYS OF WINE-PRODUCING ENTERPRISE’S FINANCIAL SUSTAINABILITY THROUGH INDICATORS OF THE CAPITAL’S COMMON STRUCTURE
Author(s) -
Petya Yordanova – Dinova
Publication year - 2019
Publication title -
knowledge
Language(s) - English
Resource type - Journals
eISSN - 2545-4439
pISSN - 1857-923X
DOI - 10.35120/kij3101129y
Subject(s) - financial ratio , financial analysis , business , capital structure , sustainability , balance sheet , viewpoints , asset (computer security) , accounting management , finance , accounting , capital (architecture) , economics , accounting information system , computer science , debt , ecology , art , history , computer security , archaeology , visual arts , biology
The complexity of the specific category “financial sustainability” is manifested most of all in the viewpoints of her determination and measurement. In the financial analysis’s theory and practice, priority is given to financial sustainability’s ratio method. He is based on calculation of different relations, characterizing the capital’s structure, derived from information originating from accounting, namely – the balance sheet. Financial sustainability is determined from the structure of the capital’s sources and asset’s financing. The availability of sufficient financial resources and their efficiency is used to define enterprise’s financial stability. This is why indicators of the capital’s common structure are of fundamental importance for the financial sustainability’s evaluation. Different methods and approaches exist regarding financial sustainability’s evaluation. In the current paper is used the ratio method. The ratio method for financial sustainability’s evaluation of the enterprises has number of advantages: he is informationally backed up, because enterprise’s accounting information is publicly accessible, he is easily applied and the received information is interpreted without difficulty for comparative analysis.