Abstract

Financial risk assessment is an integral part of the company’s financial analysis. The ability to effectively influence risks makes it possible for an enterprise to function successfully, have financial stability, high competitiveness and stable profitability. The level of financial risk is the main indicator of assessing the level of financial security of an enterprise, which characterizes the degree of protection of its financial activities from external and internal threats. Timely identification and response to negative factors is necessary to maintain effective operation and stable profit of any enterprise. The method recommended by the authors for use includes an analysis of two components: business risks-risks associated with the conditions of functioning of the enterprise in the market environment, and directly financial risks. This method takes into account the assessment as the degree of influence, the weight of each factor, as well as possible adjustments to the assessment indicators. In the process of writing this research, financial risks were calculated for the enterprise in the sphere of circulation, and the riskiness of its activities was assessed on the basis of the proposed methodology.

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