Abstract
The article examines the financial possibilities of carrying out investment activities of motor transport enterprises of the Kyiv region for the period of 2019-2023. Special attention is paid to the study of sources of financing investment activities, among which own and loan funds are considered, as well as their impact on the ability of enterprises to implement investment activities. The assessment of the financial capabilities of enterprises included the analysis of such indicators as net profit, retained earnings and the level of indebtedness. It was established that most of the investigated enterprises did not have a sufficient level of own sources for financing investments. In particular, more than a third of enterprises accumulated losses or had an insignificant level of retained earnings at the end of 2023, which limited their ability to independently finance development. Regarding loan funds, the results of the study showed a low level of involvement of additional financing by motor vehicle enterprises. This creates additional restrictions for attracting loan resources and restrains investment activity in the industry. One of the important aspects of the research is the analysis of financial stability and liquidity of enterprises, which demonstrates their ability to fulfill short-term obligations. Analysis of the dynamics of the current liquidity ratio showed that 58% of enterprises had enough current assets to repay current liabilities, while 17% of companies had stable liquidity problems. This is an indicator of the low readiness of enterprises to use short-term loans to support investment activities. The obtained results allow us to conclude that the financial capabilities of motor transport enterprises for carrying out investment activities are limited due to the low level of own resources and low activity in attracting loan funds. To improve investment activity, enterprises need to increase internal reserves and consider new financing tools, including venture capital and government support programs.
Published Version
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