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The Analytical Research on the Factors of Influence on the Financial Sustainability of Machine-Building enterprises of Vinnytsya Region
- Source :
- Bìznes Inform, Vol 1, Iss 492, Pp 267-273 (2019)
- Publication Year :
- 2019
- Publisher :
- Research Centre of Industrial Problems of Development of NAS of Ukraine, 2019.
-
Abstract
- The article is aimed at researching the financial sustainability of the machine-building enterprises of Vinnytsya region. The main reason of research of financial sustainability of machine-building enterprises is reasoned. The importance of financial sustainability of machine-building enterprises differing in size, output and volume of activity is analyzed and compared. The main factors influencing the financial sustainability of machine-building enterprises are defined. The basic macro-and micro-economic problems influencing the financial sustainability of machine-building enterprises are determined. It is proved that the main reason of worsening of financial sustainability of machine-building enterprises is ignoring of the policy of stable replenishment of both own and own working capital by enterprises. The failure of enterprises to long-term financing also has an important negative impact. It has been determined that the weak financing of non-negotiable assets, which indicates a low level of modernization of fixed funds, negatively impacts the financial sustainability of machine-building enterprises.
Details
- Language :
- English, Russian, Ukrainian
- ISSN :
- 22224459 and 2311116X
- Volume :
- 1
- Issue :
- 492
- Database :
- Directory of Open Access Journals
- Journal :
- Bìznes Inform
- Publication Type :
- Academic Journal
- Accession number :
- edsdoj.71d0c83f1280440da7225807f7aceef4
- Document Type :
- article