Methodical approaches to assessing the financial and economic security of business entities, taking into account the criterion of financial resource saving

Abstract

The purpose of the article is studying of the methods of financial security assessment, their approval on an example of the enterprises of machinebuilding and metallurgical branch, investigation of the advantages and lacks of the existent methodical approaches, composition of the own author method. Analysis of the main approaches of the enterprise’s financial security assessment permits to consider, that majority of scientists defines the financial security level by means of the integral index. The advantage of the appointed method is composition of all enterprise’s characteristics to the single index, and among the shortages we can point the calculation complexity, the absence of the single opinion among the authors concerning the selection of indicators and weight coefficients. The own author method of financial security assessment is offered in the article, also author defines it’s level, analyses financial state of the machinebuilding and metallurgical enterprises by means of G. Savitska, O. Tereshenko E. Altman models. Also author makes estimation of the results.

Authors and Affiliations

S. Yeletskykh, T. Svinarenko, K. Petrischeva

Keywords

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  • EP ID EP560145
  • DOI 10.12958/1817-3772-2019-1(55)-94-102
  • Views 77
  • Downloads 0

How To Cite

S. Yeletskykh, T. Svinarenko, K. Petrischeva (2019). Methodical approaches to assessing the financial and economic security of business entities, taking into account the criterion of financial resource saving. Науковий журнал "Економічний вісник Донбасу", 1(55), 94-102. https://europub.co.uk./articles/-A-560145