FINANCIAL AND ECONOMIC STATE OF ENTERPRISES OF THE AGRICULTURAL SECTOR OF ECONOMY IN CHERKASY REGION

Abstract

The article analyzes the average annual cost and dynamics of the introduction of new fixed assets of enterprises of the agricultural sector of economy. It is established that starting from 2016 there is a tendency to increase the value of fixed assets of enterprises of agricultural sector, which led to an increase in the growth rate of production of agrarian products and profitability. It is emphasized that in spite of positive changes in the dynamics of the new fixed assets introduction, the problem of fixed assets updating at the agricultural enterprises in the region remains unresolved. The tendency of operating assets value increase at the enterprises of the agricultural sector in the region is established. The significance of the analysis of the financial and economic state of agricultural enterprises according to the criteria of stability, solvency and business activity are considered through the prism of indices of capital structure, liquidity and turnover, which makes it possible to quantify the impact of quality management of financial resources on the level of profitability and dynamics of enterprise development. According to the results of the analysis of the enterprises of the agricultural sector of the region, their unsatisfactory financial and economic status was established. In this regard, it is proposed to strengthen the material and technical base of enterprises, to introduce material, energy and labor-saving technologies; develop and implement in agrarian production progressive methods of economy.