FINANCIAL EQUILIBRIUM AS A PART OF FINANCIAL AND ECONOMIC SAFETY OF ENTERPRISES

Abstract

Achievement of financial equilibrium is one of the most important conditions for ensuring financial stability of the proper level offinancial and economic security of the enterprise. Financial equilibrium of the enterprise is the state of its economic activity, which achieves a balance between own and borrowed capital, which enables to increase financial stability, solvency and facilitates the economic development of the business entity. In order to ensure a reliable level of financial and economic security of an enterprise, it is necessary to achieve a balance between: - internal and external sources of financial resources formation;incoming and outgoing cash flows; incomes and expenses of the enterprise; sources and directions of spending money; the volume ofthe formation of own financial resources and the proportion of capitalized funds. In order to ensure a reliable level of financial and economic security of the enterprise, it is expedient to use models of financial equilibrium, for which the resources are directed to increase the incoming cash flows and reduce the output. An increase in incoming cash flows can be achieved through the following measures: refinancing receivables; stimulation of sales of the main products; mobilization of internal reserves of self-financing; attraction of additional share capital; stimulation of sales of the main products; obtaining new loans. Outgoing cash flows will be reduced as a result of the following main measures: restructuring of payables; freezing of investments; revision of dividend policy; lower cost of production.