ANALYSIS OF THE FINANCIAL CONDITION OF ENTERPRISES BY PHASES OF THEIR LIFE CYCLE

Abstract

Urgency of the research. Solving administrative tasks related to the ranking of enterprises according to their financial condition predetermines the objective need to use methodical tools of financial analysis. Target setting. An important factor in the financial situation that needs to be taken into account when developing the analysis techniques to ensure the comparability of enterprises is the phase of their lifecycle. Actual scientific researches and issue analysis. Scientists such as L. Bernstein, G. Foster, E. Helfert, J. Wild, K. R. Subramanyam and others made a significant contribution to the development of methods for analyzing the indicators of financial status. Univestigated parts of general matters defining. At the same time, little attention is paid to the issue of developing a method of comparative analysis of the financial condition of the phases of the enterprise's life cycle. The research objective. The substantiation of the method of comparative analysis of the financial condition of enterprises, taking into account the phases of their life cycle on the basis of the method of analysis of hierarchies. The statement of basic materials. The method of analysis of hierarchies developed a method of comparative analysis of the financial condition of enterprises located at different phases of the life cycle. Conclusions. The use of this methodological approach allows you to take into account such an important factor in the financial condition of the enterprise as the phase of its life cycle and to provide decision-makers with a reasonable criterion as an integral indicator for the analysis of enterprises at different stages of development. A comparative analysis of the financial condition on the basis of the proposed methodology can be carried out within the framework of strategic financial analysis and analysis of investment attractiveness of enterprises.