Analysis and forecasting of the enterprise financial stability

Abstract

The purpose of the articles is to determine the role of financial stability analysis as an important component of the comprehensive analysis of the entity financial condition. Systematic assessment of financial stability makes it possible to use timely the strategy and tactics of enterprise development, take reasonable management decisions, control liquidity, solvency and financial stability of the enterprise. As a result of the investigation, the following tasks are solved in order to achieve the goal: the type of the financial stability of confectionery enterprise is clarified; qualitative analysis of financial stability is carried out; the dynamics of changes in financial stability is analyzed; financial forecasting by means of integrated indicator based on taxonomic approach is done. General and special methods and techniques of economic problems research for tasks solution such as: synthesis, induction, deduction, generalization, aggregate method, comparative analysis of deviations, coefficient and margin method, standardization of indicators, forecasting, trend analysis method, graphical method are used. The object of the investigation is PJSC «Mondeliz Ukraine». The results of the analysis for the period 2017–2020 indicate the unstable financial condition, violation of the enterprise financial stability; but due to the trend line we forecast the increase in the integrated taxonomic indicator of financial stability in future. The generalized indicator of the change of enterprise financial stability confirms conclusion about the increase of enterprise financial stability in dynamics. The solution of the problem of increasing the financial stability and balance of PJSC «Mondeliz Ukraine» and increasing the availability of own funds is possible primarily by increasing sales, profits and, accordingly, increase profitability. However, measures to strengthen financial stability can give positive results only if they are comprehensive, systematic, mandatory. The prospects for further investigation are to identify the relationship between the level of financial stability and the synchronicity of the enterprise time-balanced cash flows formation.