МОДЕЛЮВАННЯ ТА ОЦІНКА ФІНАНСОВОЇ СТІЙКОСТІ ПІДПРИЄМСТВА

Abstract

The article analyses the main indicators of financial reporting and evaluates their impact on the stability of the public joint-stock company "Centrenergo" through the calculation of the probability of bankruptcy. As a result of the study, the main financial indicators that affect the sustainability of the enterprise of the public joint-stock company "Centrenergo" were determined. A logit model was built, which was used to study the possibility of bankruptcy of the public joint-stock company "Centrenergo". In the course of the work, the main financial indicators that affect the stability of the public joint-stock company "Centrenergo" were determined. An analysis of the dynamics of changes in indicators was carried out: the ratio of absolute liquidity, the ratio of equity participation in the formation of assets, the reliability ratio. Based on the main indicators of the company's activity, a logit model was built to estimate the probability of the company's bankruptcy. Judging by the results of the model calculation, it can be stated that at this stage of the enterprise's activity, there is no risk of its bankruptcy from the point of view of financial indicators. In other words, PJSC "Centrenergo", based on the model calculation results, is a financially stable enterprise. The constructed model, unfortunately, is not adapted to Ukrainian enterprises and does not take into account the peculiarities of the domestic economy, but the algorithm of its construction can be applied to obtain a more accurate model based on the activity data of Ukrainian enterprises. The scientific novelty of the work lies in the fact that the built model was applied to research the possibility of bankruptcy of the public joint-stock company "Centrenergo". The practical value of a systematic assessment of the company's financial condition ensures its financial stability. It should be noted that this model does not take into account external factors that can affect its financial condition in one way or another. Therefore, the developed model needs improvement.