Received:
2019-08-17 | Accepted:
2019-11-20 | Published:
2019-12-15
Title
Development of tools for realizing the potential of financial stability of enterprises
Abstract
The article discusses the issues of financial stability of enterprises in unstable economic conditions. The authors propose a formal model of the gradual quantitative assessment of the financial stability of enterprises based on the use of regression equations with determination coefficients. The financial stability of enterprises is described by the indicators of their financial status according to the regional-average and industry-average levels. A qualitative assessment of the financial stability potential of enterprises is given based on the interpretation of deviations of the financial stability coefficients. The article defines the limiting values of financial stability of enterprises, the output of which allows the unambiguous interpretation of this concept and its level. An example that determines the financial stability of various Russian enterprises is also presented.
Keywords
financial potential, financial stability, financial potential of enterprises, quantitative assessment of financial potential
JEL classifications
G31
, G32
URI
http://jssidoi.org/jesi/article/463
DOI
Pages
1654-1665
This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License
Authors
Plekhanov Russian University of Economics, Moscow, Russian Federation
http://www.rea.ru
Plekhanov Russian University of Economics, Moscow, Russian Federation
http://www.rea.ru
Financial University under the Government of the Russian Federation, Moscow, Russian Federation
http://www.fa.ru
L. N. Gumilyov Eurasian National University, Nur-Sultan, Kazakhstan
http://www.enu.kz
Financial University under the Government of the Russian Federation, Moscow, Russian Federation
http://www.fa.ru
Journal title
Entrepreneurship and Sustainability Issues
Volume
7
Number
2
Issue date
December 2019
Issue DOI
ISSN
ISSN 2345-0282 (online)
Publisher
VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania
Cited
Article views & downloads
HTML views: 3929 | PDF downloads: 1706
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