FEATURES OF THE USE OF FINANCIAL INDICATORS WHEN CONDUCTING THE DIAGNOSTICS OF THE ECONOMIC SECURITY OF THE ENTERPRISE

Abstract

Diagnostics of the economic security of enterprises is proposed in the article using indicators of liquidity, capital structure and the efficiency of using cash flows. In order to generalize the results of diagnostics of the economic security of enterprises, it is proposed to determine indices of the financial condition and efficiency of the use of cash flows of the enterprise. It is proposed to interpret the results of diagnostics of the economic security of enterprises using the matrix «financial condition, efficiency of activity», which is a tool for justifying management decisions on financial management. To carry out financial diagnostics, it is proposed to combine ratio analysis and the method of calculating the company’s cash flows. The article provides formulas for determining indicators that reflect the financial condition of the enterprise and the effectiveness of the use of cash flows from operational and financial activities in its activities. Alternatives of the enterprise in the process of strengthening the financial condition and increasing efficiency are described. In order to generalize the results of the diagnosis of the financial condition, it is proposed to define indices that reflect the financial condition and efficiency of the enterprise. It is proposed to interpret the results of diagnostics of the financial state of the enterprise using the «financial state-efficiency of activity» matrix, the practical application of which allows to ensure the gradual development of the enterprise without deterioration of its financial state.