Development of tools for realizing the potential of financial stability of enterprises

Natalia Natocheeva (), Alex Borodin (), Natalia Rud (), Georgiy Kutsuri (), Makpal Zholamanova () and Anzhela Namitulina ()
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Natalia Natocheeva: Plekhanov Russian University of Economics, Russian Federation
Alex Borodin: Plekhanov Russian University of Economics, Russian Federation
Natalia Rud: North-Caucasus Federal University, Russian Federation
Georgiy Kutsuri: Financial University under the Government of the Russian Federation, Russian Federation
Makpal Zholamanova: L. N. Gumilyov Eurasian National University, Kazakhstan
Anzhela Namitulina: Financial University under the Government of the Russian Federation, Russian Federation

Entrepreneurship and Sustainability Issues, 2019, vol. 7, issue 2, 1654-1665

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 (search for similar items in EconPapers)
JEL-codes: G31 G32 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:7:y:2019:i:2:p:1654-1665

DOI: 10.9770/jesi.2019.7.2(60)

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