INTEGRAL ASSESSMENT OF THE ENTERPRISE’ FINANCIAL SECURITY

Abstract

This article is devoted to highlighting the features of the practical application of the integral approach to the comprehensive assessment of the financial security of the enterprise. On the basis of the study of the impact of threats and risks on the financial and economic activity of the enterprise, the groups of indicators of the financial security of the enterprise are substantiated. The main measures to ensure the financial security of the enterprise are substantiated. In the article, the indicator approach of determining the level of financial security is tested on the example of LLC "Dairy Company "Halychyna". According to the results of the assessment, it was established that this enterprise has an insufficient level of financial security, since the resulting indicator during 2019–2021 was within the limit value/ This indicates that the own capital and resources attracted on a long-term basis were directed specifically to financing non-current assets, therefore, to finance current assets, one should return to loan sources of financing. It was also researched that a larger segment was among loan capital. Accordingly, there was a decrease in financial stability and a number of threats to the financial security of the enterprise arose. Key problems of the enterprise can be called insufficient amounts of own capital, low values of absolute and term liquidity, which is a consequence of improper management of financial resources. The conclusions emphasize that today it is quite important to assess the degree of financial security of the enterprise on a regular basis, since the business sector itself is vulnerable when achieving success in economic growth. Accordingly, we need to assess the main threats and risks and, in particular, to make decisions to solve them. All threats require control and avoidance by the business entity. In order to effectively and early detect threats inherent in any enterprise, senior management must constantly monitor and assess the organization’s financial security.