Economic analysis of the company's activities using complex models of financial condition: application, relevance, reliability

Abstract

Currently, economics has a large number of complex models for assessing the financial condition of enterprises. The greatest contribution to this area was made by domestic and foreign scientists who studied crisis management. It is in the field of crisis management that you can find a lot of methods for researching an enterprise for future possible insolvency. The essence of each of them is the same – to analyze the behavior of the enterprise for a certain period using data from the presented accounting statements for calculations; in other words, it means to conduct an audit to identify possible cases of the company's inability to pay off its obligations. For such verification, enterprise insolvency analysis models are used. In economics, the concept of "insolvency of an enterprise" is interpreted in different ways, sometimes it is even identified with the similar term "bankruptcy", which is partly a mistake. The category "bankrupt" can be assigned after the necessary audit upon application from the creditor or debtor to the arbitration court regulating such a procedure in accordance with Federal Law No. 127-FZ "On Insolvency (Bankruptcy)". In this article, the techniques that have gained the most popularity will be considered. With their help, the financial condition of the agricultural sector was studied on the example of one of the leading enterprises of the Samara region, which is located in the zone of risky agriculture. The main activity of the analyzed enterprise is crop production. The analysis shows what is the probability of possible insolvency of the enterprise under study and what can lead to it. As conclusions, recommendations for improving the indicators of financial and economic activity of an agricultural enterprise are considered, and the reliability of the applied methods for analyzing and predicting the probability of bankruptcy is confirmed.