Financial Stability Management of an Industrial Enterprise Based on the Formation of Signal Indicators

L V Iurieva,E V Dolzhenkova

doi:10.1088/1755-1315/666/6/062104

L V Iurieva, E V Dolzhenkova

Open Access

https://doi.org/10.1088/1755-1315/666/6/062104

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Abstract

The article contains the author’s methodological toolkit for managing the financial stability of an industrial enterprise, as well as the results of its use. To manage the financial stability of an industrial enterprise, it is proposed to form signal indicators that allow evaluating the work of circulating capital management. For this, it is proposed to make evaluation according to the following groups of signal indicators: indicators characterizing the level of receivables; indicators characterizing the level of external obligations of the enterprise. The result of the author’s algorithm use is the determination of the integral indicator of financial stability, the value of which includes three components: structure indicators, dynamics indicators and indicators of the intensity of the obligations use. The specific weight of each group was determined by expert judgment and is associated with the recommended values of signal indicators. The results of the calculations show that the use of signal indicators in the management of the financial stability of an industrial enterprise makes it possible to timely identify and eliminate problems in the regulation of circulating capital and to increase the financial potential.

Highlights

In the context of fierce competition, enterprises are challenged to ensure the continuity and sustainability of their operations
To manage the financial stability of an industrial enterprise, it is proposed to form signal indicators that allow evaluating the work of circulating capital management
It is proposed to make evaluation according to the following groups of signal indicators: indicators characterizing the level of receivables; indicators characterizing the level of external obligations of the enterprise

Summary

Introduction

In the context of fierce competition, enterprises are challenged to ensure the continuity and sustainability of their operations. An integral part of the activity of any enterprise that can have a tremendous impact on the financial stability of the company and its key economic indicators are the business accounting, i.e., the commercial part of the receivables and the external obligations of the enterprise. The financial stability of an enterprise or the degree of its independence from borrowed funds is one of the key effective performance indicators. It can have a tremendous impact on the relationship with contractors and the company's competitiveness in the market.

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Results