Open Access4.2. Methods of express analysis of financial and economic sustainability as a tool for corporate control and analysis in oil companies
Author(s) -
Т.Б. Лейберт,
Elvira А. Khalikova,
В.Г. Логинова
Publication year - 2020
Publication title -
audit i finansovyj analiz na cd-rom/audit i finansovyj analiz
Language(s) - English
Resource type - Journals
eISSN - 2618-9836
pISSN - 2618-9828
DOI - 10.38097/afa.2020.79.21.009
Subject(s) - financial analysis , profitability index , cash flow , business , finance , financial ratio , market capitalization , economic value added , economics , financial system , industrial organization , profit (economics) , stock market , paleontology , horse , biology , microeconomics
Сегодня внешние факторы оказывают колоссальное влияние на финансовое положение нефтяных компаний. Резкое падение спроса на нефть и нефтепродукты вызвало снижение уровня мировых цен, и нефтяные компании терпят убытки, что может привести к снижению финансово-экономической устойчивости. Эти условия обуславливают необходимость оперативного корпоративного контроля и анализа стратегически важных для компаний финансовых индикаторов, характеризующих не только эффективность деятельности, но и рыночную стоимость предприятия. Today, external factors have a huge impact on the financial situation of oil companies. A sharp drop in demand for oil and petroleum products caused a decline in world prices, and oil companies are showing losses. This situation may lead to a decrease in financial and economic stability. These conditions determine the need for operational corporate control and analysis of financial indicators strategically important for companies that characterize not only business performance, but also market value.The scientific article proposes a methodology for express analysis of the financial and economic stability of oil companies, which is based on the calculation of an integrated indicator that takes into account market capitalization, absolute and relative profitability of the business, and the effectiveness of capital raised, including the optimal structure of capital. A distinctive feature of the proposed method of express analysis is the ability to conduct rating of oil companies for financial stability, operational efficiency, investment and financial activities, as well as a comprehensive assessment of the financial security of the oil company in the event of a sharp deterioration in macroeconomic parameters that affect net cash flow.The proposed methodology for express analysis of financial and economic stability will allow us to establish the significance of the influence of key financial indicators on the financial and economic stability of oil companies, which should be constantly monitored in the corporate control system.