In a highly competitive companies constantly have to fight for survival.To stay afloat, is not enough to find and take a free niche market, it is necessary to keep and constantly improve their positions.To address these challenges companies need to conduct regular financial analysis activities.Conducting qualitative research does not solve all the problems of the company, but will provide specific information about the strengths and weaknesses that can be used effectively.
Financial analysis - what is it?This method of evaluation allows to determine the stability of the enterprise by calculating the indicators on which to draw conclusions about the company's performance in the present and projections for the future.During the study, calculated coefficients are divided into several groups depending on the direction of estimation.
need to know to make their own analysis of what the main financial indicators, and how to calculate them.
factor used to assess the activity of the enterprise are included in 4 main groups of indicators:
- Liquidity ratios.They determine the financial stability of the company in a short time by counting the degree of mobility of assets and their relationship to each other.
- solvency ratio.They define financial stability in the long run and characterize the structure of equity and debt.
- Profitability ratios.Determine the efficiency of capital investment and the activities of the company as a whole.
- turnover ratio.Determine the return on the cost of the production cycle and the intensity of the use of funds.
Each of these groups includes a plurality of indicators, but to study the company's performance is sufficient to apply the main, of which there are about three dozen.
They are determined according to the data taken from the most important documents of statements: the balance sheet and its annexes, the report on financial performance.
In addition to displaying the individual parameters and coefficients for the study of the status of the company used a factor analysis, which consists in drawing up an economic model takes into account the correlation coefficients with each other, and its influence on the final result.
Application of factor analysis in economics reveals more accurate results and a positive influence on managerial decisions.
effective research results of functioning of the enterprise involves not only the calculation of the most important indicators, but also the proper use of the data.
analysis of the company carried out the research department.However, in some cases, it requires audience participation.Experts explained calculating the financial soundness indicators, and to analyze that such a study should be carried out regularly to see the dynamics.Thus, we can identify important factors such as the rate of growth of gross output, the value of working capital and other.
experts decipher, to analyze what the profitability and solvency of the company, what are the investment risks, and how to maximize the use of the assets.
Based on the data compiled an analytical report containing information on the results of the analysis and the recommendations, the observance of which will improve the situation of the company.
