Analytical assessment of financial condition of agricultural enterprises

Abstract

The main trends in the formation of the financial condition of enterprises in the agricultural industry of Ukraine for the period of 2012–2017 are investigated. In order to identify the current trends in the formation of financial condition, the structure of assets and liabilities of enterprises is presented, highlighting the specific features of the formation of enterprises' resources and the sources of their formation. The dynamics of the coefficients of financial stability and solvency of enterprises in the industry is studied. The analysis led to the following conclusions: the structure of the assets and sources of their formation has negative trends, the dependence on external funds increases, the level of solvency decreases, the share of non-current assets decreases, the value of worn fixed assets grows that negatively affects the efficiency level of production and financial activities of agricultural enterprises. Therefore, the importance of conducting timely operational and comprehensive analysis of enterprises in the industry with the aim of developing the appropriate management solutions to prevent crisis phenomena in economic and financial activities is increasing.