More other problems need to be addressed in the balance. Short-term and long-term goiters in balance: what is it?

The balance of debtors and accounts payable, their size and intensity, creates a strong influx on the financial sector of enterprises and firms.
Increased creditor liability indicates the non-compliance with contractual obligations. The paths are shortened to clarify the reasons that led to the unprecedented contractual goiters.
An organization or a company can create reserves of dubious funds for transactions with other organizations and individuals for improved products from the amount of reserves contributed to the financial results of its activities i.
It is doubtful whether the debt receivable is repaid at the term established by the contract. It should be noted that the reserve of doubtful debts is created only for receivable debts, which are legal, and for debts that were entered into for the sake of pleasure, which cannot be considered worthless. When deposited, the proceeds are added to the reserve of doubtful borgs, which are received at the company's stock warehouse.
On the basis of data on the balance sheet of AF VAT “Audit”, I analyzed the dynamics of the debtor's and accounts payable balance, as shown in table No. 3 of the supplement.
Accounts receivable will increase in line with the start of the new period by 8467.0 rubles, for the increase in accounts receivable, payments for the 2nd will be settled in less than 12 months iv.
The creditor's debt is promoted due to the increased debt to the representatives of social insurance and the budget. The subdivision of creditor liability is to be noted about the vikonannya of contractual obligations.
The growing share of short-term exposures (in advance of creditor debt) and the constant share of short-term exposures and loans, which indicates the existence of costs for repaying a long-term loan, cannot be assessed as a positive trend. The growth of short-term goiters is changing the share of capital in the amount of capital of businesses and firms.
The increase in short-term and long-term goiters with a significant decrease in capital and reserves also cannot be called a positive phenomenon. The overall increase in business pressures should be viewed positively, but in this period we will also increase the short-term and long-term nature, the pace of which threatens the financial burden and payability of the company.
Analysis of the platformability of the enterprise
One of the indicators that characterize the financial sector of an enterprise is its payment capacity.
Payability is the ability to promptly pay off your payment obligations with ready financial resources.
Feasibility analysis is necessary for enterprises, firms by assessing the forecasting of financial warehouse activity, and will become external investors.
The assessment of the payability is the basis for the characteristics of the liquidity of the flow assets at the time they need to be processed.
Analysis of the liquidity balance is based on equal amounts of assets, grouped at the stage of declining liquidity, with short-term debts at liabilities, which are grouped at the stage of their maturity.
Current assets based on liquidity are grouped into:
1. Koshti, short-term financial deposits.
2. Finished products, advanced goods, receivables.

ENTRY

1. CHECKING THE APPROPRIATENESS OF INDICATORS AND IMAGES

ACCOUNTING REPORT -

2. HORIZONTAL AND VERTICAL ANALYSIS OF ASSETS AND LIABILITIES OF ORGANIZATIONS

3. DYNAMICS OF THE LIQUIDITY OF VALUE ASSETS AND FINANCIAL STABILITY OF THE ORGANIZATION -

4. ANALYSIS OF THE RUKH OF POWER CAPITAL

5. DISTRIBUTION OF NET ASSETS IN AN ORGANIZATION -

6. FACTOR ANALYSIS OF PROFITABILITY OF ASSETS IN ORGANIZATIONS

7. WAREHOUSE AND DYNAMICS OF VIBRATION FOR PRODUCTS PRODUCTS

VISNOVOK

REFERENCES

ADDITIONS

ENTRY

Financial analysis - one of the main types of economic analysis - and a system for monitoring the financial status and financial results of the current government activity of the organization There is an influx of objective and subjective officials in the minds and to maintain their interest in accounting (financial) reporting.

The method of financial analysis is to isolate the key characteristics of the financial system and the financial results of the organization in order to evaluate optimal management decisions using various sources of information. Correspondent information is divided into internal (organization leaders, managers, executives) and external (partners, investors, regulatory authorities). Each subject receives information about the activities of the organization based on their interests.

This control work is aimed at developing theoretical knowledge and consolidating practical skills in analyzing financial data by forming an objective thought and reliable assessment of the financial state of the organization, її payability and financial stability.

In the process of advanced control work, it is necessary to:

carry out a thorough re-verification of the indicators of the accounting forms, carry out a re-verification of the usability of the indicators;
analyze and evaluate the dynamics of the stock and structure of assets and liabilities of the organization;
develop indicators of liquidity and financial stability, assess their dynamics;
for the data of f No. 3, characterize the warehouse and management of capital, determine the coefficients of supply and vibuta;
to reveal the value of the organization's net assets and put the edge of the bright fate and evaluate the dynamics of the indicator;
monitor the rate and dynamics of profitability of the organization’s assets in relation to the initial factors;
value vitrati for 1 rub. products, zocrema for vitrat elements.

The information base for the analysis is the balance sheet, information about profits and surpluses, information about changes in capital, information about losses of assets, additions to the balance sheet.

The subject of investigation is the financial activities of the enterprise in which it operates. The object is enterprise and its characteristic.

Methods that are used in the process of control work: reading and analysis of absolute indicators, horizontal and vertical analysis, structural-dynamic analysis, coefficient analysis.

The practical significance of this work lies in the cleverness of putting the over-innovated technique into practice, mastering it, and learning to exploit it.

ZAVDANNYA 1

Conduct a thorough review of the accounting forms shown to ensure their reliability and characterize the clear level of the reported information. Carry out interaction and establish the similarity of similar indicators displayed in different forms of intensity.

The results of the verification are presented in the table. 1

Table 1

Verification of the usability of indicators, as reflected in the accounting records (following the data of forms No. 1-5)

Pokaznik	The form has been revised			Uzgojen form
Pokaznik	Form No.	No. (code) rows, graphs	sum, yew rub.	Form No.	No. (code) rows, graphs	Suma, yew. rub.

Main goals: on the cob to the end of fate					OS at once, 3-shock. OS 3 gr. OS at once, 4-shock. OS 4 gr.
Koshti: on the cob of rock to the end of fate					Extra cash for a cob of starry rock Extra cash for the end of doom
Statutory capital: rock and roll to the end of fate					Surplus as of 01/1/06 (100),3 Surplus as of 12/31/06 (140),3
Accounts receivable: short line on cob rock to the end of fate Dovgostrokova on the cob of rock to the end of fate					Accounts receivable: short-line-everything, 3 Accounts receivable: short-line-everything, 4 Accounts receivable: dovgostrokova-vsogo, 3 Accounts receivable: dovgostrokova-vsogo, 3
Long-term positions and credits: on the cob of rock to the end of fate					Creditors' debts dovgostrokova-everything, 3 Creditors' obstruction of dovgostrokova-everything, 4
Undivided profit (uncovered overflow): cob of rock to the end of fate					Surplus as of January 1, 2006, 100.7 Surplus as of 12/31/06, 100.7
Short-term financial investments: from the beginning of rock to the end of rock					Financial investments - at once, 5 Financial investments - at once, 6
Intangible assets: on the cob of rock to the end of fate					NMA at once, 3-shock. NMA vsyogo, 3 NMA at once, 6-shock. NMA everything, 4
Additional capital: start to rock to the end of fate					Surplus as of 01/01/06 100.5 Surplus as of 12/31/06, 100.5
Creditors' obstruction: rock and roll to the end of fate					Creditors' obstruction - everything, 3 Creditors' obstruction - everything, 4
Long-term financial investments: on the cob of fate to the end of fate					Financial deposit, 3 Financial deposit, 4
Short-line credits and positions: on the cob of rock to the end of fate					Creditor's debt - short-string, credit + positions, 3 Kreditorska oborgovanіst - short-string, credits + positions, 4

Rakhunka's revision revealed the improvement of the display “Concern to sovereign extra-budgetary funds” of form No. 1 and No. 5 for the beginning of the world period 16508 thousand. rub.

In form No. 1, the main assets and intangible assets are listed at excess value (minus depreciation), and in form No. 5 at primary value.

Accounting information is reliable. As a result of cross-linking, the similarity of similar indicators found in different forms of color was established.

ZAVDANNYA 2.

Based on the balance sheet data, analyze and evaluate the dynamics of the stock and structure of assets and liabilities of the organization.

Data about the mining camp and the financing of the organization’s assets are presented in Table 2.

Table 2

Horizontal and vertical analysis of the assets and liabilities of the organization (based on form 1)

Showcases	Balance balance			Rate of growth (decrease), %	Structure of assets and liabilities, %
Showcases	on the cob of rock	to the end of fate	Zmina (+, -)	Rate of growth (decrease), %	cob roku	Zmina (+, -)

ACTIVITIES
1. Non-current assets - everything Including
1.1. Intangible assets
1.2. Main features
1.3 Unfinished work
1.4. Long-term investments of material assets
1.5. Long-term financial investments
1.6. investment of depositable assets
1.7. Other non-current assets
2. Current assets - everything Including:
2.1. Stock
2.2. Tax for additional valuables
2.3. Accounts receivable (with a repayment term of more than 12 months)
2.4. Accounts receivable (with a repayment term of 12 months)
2.5. Short-term financial investments
2.6. Groshovі koshti
2.7. Other current assets
Assets at once
PASSIVI
1. Capital and reserves - everything Including
1.1. Statutory capital
1.2. Powerful shares purchased into shareholders
1.3. Additional capital
1.4. Reserve capital
1.5. Undivided profit (uncovered surplus)
2. Zobov'yazannya - everything Including
2.1. Long-term goiter
2.2.Short-term goiter
2.2.1. Positions and credits
2.2.2. Creditors' liability
2.2.3. Obligation to participants (principals) for payment of income
2.2.4. Income for the next period
2.2.5. Reserves of future expenditures
2.2.6. Other short-term goiters
Passive at once

ASSET ANALYSIS BALANCE SHEET

In 2006 The organization has significantly increased its investment in its activities. Proceed to compare the increase in the value of currency to the balance sheet by 500,600 thousand. crb., and set the final indicator of the growth rate to become 124.25%. What can we say about the increase in government turnover and business activity? This is a sign of a decrease in the financial position of the organization.

The value of assets increased with additional contributions such as current (by 9716 thousand rubles, or 1.30%), and non-current (by 490884 thousand rubles, or 37.10%). Current indicators of the structure of the asset balance sheet show a shift in the share of non-current assets by 6.71% as of today and a similar decrease in the share of current assets (-6.71%).

Pitoma VA (70.37%) outweighs Pitoma OA (29.63%) during the winter period. It is not possible to positively evaluate this structure of the lane, since the majority of its warehouse is occupied by VA - important implementation.

Analyzing the VA warehouse, it is significant that the largest portion is occupied by cash – 69.48%, intangible assets – 0.90%.

The VA warehouse had an increase in basic supplies by 482,218 thousand. rub. and intangible assets +8666 thousand. rub.

The trend towards an increase in the main features can be assessed as positive, and there can be an unpretentious result in the fact that the organization is increasing its strength, and a new setting is emerging.

An increase in intangible assets is also assessed as positive, as innovative activity is observed.

The VA warehouse has changed due to an increase in the value of basic assets and intangible assets.

An increase in intangible assets by 0.20% and fixed assets by 6.51% is a positive trend in the stock market and indicates the activation of enterprises in the capital market.

During the current period, current assets increased by 9,716 thousand. rub. Who received an increase in the “Koshti” statistics (by 6806 thousand rubles). The share of prices increased by 0.12% and became the end of the world period 0.86%, which increases liquidity and payability.

The decrease in short-term (-5808 thousand rubles) and long-term (-4931 thousand rubles) receivables means that our debtors will take out insurance with us, as the cash has increased.

The change in the maximum permissible value (-21 thousand rubles) is higher due to the fact that the organization accumulates less value. The volume of reserves decreased by 560,863 thousand. crb.

Short-term financial investments are the most liquid assets, their change is subject to a negative impact, causing the organization’s additional income to shorten.

ANALYSIS OF LIABILITY BALANCE

The balance sheet is characterized by positive dynamics of the sub-capital value of the “Capital and Reserves” section (by 342,886 thousand rubles, or 34.60%). The transfer of the share of the currency to the balance sheet of the sub-sum value in the “Capital and Reserves” section from 48.00% to 52% seems to be a positive indicator. This is to inform you about the attempt of starting a business to improve your financial status.

Expanded financing for business was achieved with the help of government capital. Jerelom of this is an increase in undivided profit by 342,892 thousand. rub.

The CC portion changed by 0.0009% (100 thousand rubles), that value became unchanged. As a result, the structure of the enterprise appears to be unsatisfactory.

The share of position costs changed by 4.00%

Changes have been made:

for the market, a change in creditor liability by 4.92%;

For rahunok change of short-string crops by 4.93%

There was an increase in the proportion of long-term goiters by 0.93%. We are talking about those that the enterprise has paid off part of its short-term debts and how the financing of activities of the vikoryst long-term loans and positions has been carried out.

The discovery of long-term creditor costs is a positive thing, since it is important to undertake any investment activity in order to expand production. Alternatively, the reduction of expensive loans and the risk of paying out arrears will increase the amount of deposits, which will negatively impact financial results.

ZAVDANNYA 3.

Table 3

Dynamics of indicators of liquidity of current assets and financial stability of the organization (following data from form No. 1)

Pokaznik	Rozrahunku technique	On the cob of rock	To the end of fate	Zmina (+,-)
1. Autonomy coefficient

1. Autonomy coefficient

= side 490 f#1/side 300 f#1

Autonomy coefficient<0.6, что свидетельствует о небольшом удельном весе собственных средств в общей сумме источников финансирования. Увеличение собственного капитала предприятия на 0,04 является положительным фактором и свидетельствует о росте его финансовой устойчивости.

2. Financial stability ratio

p align="justify"> The financial strength ratio shows how much of the asset is financed by the current rate of investment. The value of this indicator is >0.5. It's all about time. Its dynamics are positive.

3. Coefficient of ratio between position and capital capital (leverage)

p align="justify"> The ratio of positional capital to capital (leverage) characterizes the structure of the financial assets of the organization, as well as the level of ownership of positional assets, showing the amount of assets received from admission for 1 rub. investments in assets vlasnі koshti. The recommended ratio value is no more than 1.5. The transfer of the assigned cordon means the staleness of the acquisition of funds from external sources and the loss of financial stability. The performance of our enterprise pleases my mind. It is sufficiently protected by powerful means. However, the dynamics of growth are positive and 0.1603 are negative.

4. Security coefficient for wet waste cash

The cash flow security ratio characterizes the level of the organization's cash flow security, which is necessary for financial stability. The recommended value for this indicator is 0.1. Our guy's mind is at a standstill. The value 0.43 means that the organization costs at least 43 kopecks. Vlasnyh working taxes for 1 rub. werewolves. The dynamics of the security of wet cash flows is positive.

5. Financial agility ratio

The financial agility ratio shows how much of the functional capital is allocated to existing inventories and long-term receivables. The change in the indicators of progressive dynamics is a positive fact.

In general, one can have an uneasy conclusion about the sufficient liquidity and financial stability of the enterprise.

ZAVDANNYA 4.

For data f. No. 3 “Zvit about changes to capital” characterize the warehouse and change to capital. Expand the coefficients and vibrate. Results of rozrakhunks for the current period of filing to the table. 4.

Table 4

Analysis of the Russian capital, tis. rub.

Pokaznik	Statutory capital	Powerful shares purchased into shareholders	Additional capital	Reserve capital	Undivided profit (uncovered surplus)
Extra for the cob of rock
Found it
Vicoristano
Surplus for the end of fate
Absolute change in surplus
Growth rate, %
Supply coefficient
Vibutt coefficient

The power capital of the organization appears to be the share of power that belongs to the organization.

The application of power capital consists of statutory capital, additional capital, reserve capital and undivided profit (uncapped profit).

The largest share of the capital is formed by non-distribution of profits, which increased during the period from 01/01/2006. until December 31, 2006 by 342892 thousand. rub. An increase in undivided profit can indicate an increase in the organization’s business activity.

The statutory capital did not change during the current analyzed period and became 100 thousand. rub.

Necessary coefficients are being developed.

1. The ratio of insurance is calculated as the value of the capital of the capital is determined by the value of the capital at the end of the period.

2. The coefficient will be determined as the value of the power capital, which reaches the level of power capital for the beginning of the period.

3. The rate of growth is determined as a hundred percent of the surplus at the end of the rock and the surplus at the beginning of the rock

ZAVDANNYA 5.

Results of rozrakhunks for the current period of filing to the table. 5

Table 5

Distribution of net assets of the organization (according to f. No. 1)

Pokaznik	Store code	On the cob of rock	to the end of fate
Activi
1.1. Intangible assets
1.2. Main features
1.3. unfinished work
1.4. Profitable investment of material assets
1.5. Long-term and short-term financial deposits
1.6. Other non-current assets
1.7. Stock
1.8. Tax for additional valuables
1.9. Accounts receivable
1.10. Groshovі koshti
1.11. Other current assets
1.12. Activate at once
Zobov'yazannya
2.1. Dovgostrokovy zobov'yazaniya shodo pozhik ta creditov
2.2. Other long-term goiters
2.3. short-term loan requirements
2.4. Creditors' liability
2.5. Obligation to participants (principals) for payment of income
2.6. Reserves of future expenditures
2.7. Other short-term goiters
2.8. At once there is a need to turn off the assets
Variety of net assets

Net assets are a valuable assessment of the main organization, formed with the help of additional assets.

The value of the organization's net assets is insured as the difference between the balance sheet value of assets that are received before the expansion, and the balance sheet value of the assets that are received before the distribution.

As of today, the value of net assets was 1,334,098 thousand. crb., which is 342,909 thousand rubles. more below as of 01/01/2006 the growth rate is 134.60%. The positive dynamics of the indicator can be seen from the increased assets of the main complex of the organization. This promotes the financial independence of the organization, increases its market volatility and promotes increased investment profitability.

ZAVDANNYA 6.

Based on the accounting data, an assessment of the efficiency of the recovery of current assets is carried out, based on the indicators of their turnover. Calculate the influx of changes to the sale and average surplus of current assets to change the turnover ratio.

The results of the tax regulations are in the table. 6

Table 6

Factor analysis of the profitability of an organization's assets

(following data form No. 1 and No. 2)

Pokaznik	Methodology Rozrahunka	Front	Zvitny	Zmina
1. Net profit (profit) of the capital period, thousand. UAH
2. Average surplus of assets, thousand. UAH
3. Average excess capital, thousand. UAH
4. Revenue (net) from the sale of goods, products, sales, services, thousand rubles.
5. Return on assets, %
6. Coefficient of autonomy (independence)
7. Water capital turnover ratio
8. Profitability of sales, %
9. The influx of officials into changes in the profitability of assets - everything
Including: a) coefficient of autonomy (independence) b) the capital turnover ratio c) profitability of sales, %

According to the data in Table 6, in the middle rock, the average asset value changed by 348,350 thousand. krb., which collected an increasing amount of proceeds from sales - by 379,135 thousand. crb., net profit - by 71338 thousand. crb.

The required coefficients are available:

1. In the indicator of return on assets (R A), the result of the flow activity is based on the value of the organization’s assets, which becomes the main and working capital, which in the future can bring economic benefits. Return on assets shows how effectively the market is traded and how the profit is set to the average value of assets.

Is indicated by the formula: ,

de – profit (before adjustment);

- Average value of assets.

This coefficient shows how much profit the enterprise takes from every 1 ruble invested in total assets. The profit, call it in, order it before filing. This indicator is called the profit rate and economic profitability. The level of return on assets may be sufficient to ensure the return on capital, payment of fees for loans and taxes.

In our case, return on assets moved by 4.62%.

2. Autonomy coefficient

The autonomy coefficient is less than the norm, which confirms the small supply of moisture in the total amount of funding. An increase in the power capital of an enterprise by 0.10 is a positive factor and indicates an increase in its financial stability.

3. The capital turnover ratio characterizes the intensity of the organization’s assets and business activity. It is insured as a contribution to the proceeds from the sale of goods (products, business, services) to the average level of capital.

It is indicated by the following formula:

At the same time, this coefficient changed by 0.1%.

4. Profitability of sales - this is the ratio of profit from sales to revenue from sales of products (goods).

It is indicated by the following formula:

P - profit from sales,

N – profit from the sale of products (goods).

This indicator characterizes the partial profit at the market price. What is most important is the shortest result in the main activity of the organization. The profitability of sales is influenced by the sale of products and the availability of products.

In the application, this coefficient increased by 0.90%.

The infusion of the skin-related factor into the change in the profitability of assets is significant:

Increase in profitability of sales:

Injection of the capital turnover ratio:

Infusion of the coefficient of autonomy (independence):

The cumulative influx of factors = 2.6052 + (-0.2512) +2.2630 = 4.6171% was due to the influx of increased profitability of sales (2.6052%), decreased capital turnover (-0.2512%) and increased capital ratio nta autonomy (2.2630%). Also, return on assets increased by 4.62% due to the increase in return on sales and the autonomy ratio.

ZAVDANNYA 7.

For data, please contact us about profits, additions and additions to the balance sheet by spending 1 ruble. products, zocrema for vitrat elements.

The results of the tax regulations are in the table. 7

Table 7

Warehouse and dynamics of costs for production of products

(after data f. No. 2 and No. 5)

Showcases	sum, thousand rubles			Vitrati for 1 rub. products, rub.
Showcases	Zvitny	Forward River	Zmina	Zvitny	Forward River	Zmina
1. Material expenses
2. Spend to pay for the goods
3. Health care for social needs
4. Depreciation
5. Other expenses
6. Together for the elements of vitrat
7. Revenue (net) from the sale of goods, products, business, and services

Vitrati for 1 rub. products are known for the formula

The table shows that revenue increased by 379,135 thousand rubles. accepted a reduction in material costs for 98,290 thousand rubles.

Vitrati for 1 rub. products decreased in part of material expenditures, recovery on social. consume depreciation. This negative dynamic is a positive factor in business activity.

VISNOVOK

During the course of the final control work, it was revealed that during this period the financial formation of the analyzed organization had expanded, which resulted in an increase in the value of the currency balance by 500,600 thousand. crb., the growth rate becoming 124.25%. What can we say about the increase in the government's turnover of enterprises?

The supply of non-current assets (70.37%) significantly outweighs the supply of current assets (29.63%) during the current period, which indicates the immobilization of the organization’s capital. Next, the enterprise is recommended to increase its investment in working assets.

The trend of increasing main features (6.51%) confirms that this industry is increasing its strength.

Innovative activity continues, resulting in an increase in intangible assets by 0.20%. an increase in intangible assets and the main features to talk about the activation of enterprises in the capital market.

During the new period, the organization experienced an increase in assets, which increased liquidity and paymentability.

The organization appears to have seen a decrease in the share of short-term financial deposits by 0.6921%. It is recommended to increase short-term financial investments during the upcoming period, as this will result in a reduction in additional income.

The increase in the share of the currency in the balance of the sub-sum value “Capital and reserves” from 48% to 52% is a positive indicator. This is to inform you about the attempt of starting a business to improve your financial status.

The structure of the enterprise can be seen as unsatisfactory, the remaining part of the statutory capital becomes less than 0.0039% (100 thousand rubles, and the negative dynamics of this (-0.0009%) is evident).

Businesses should be encouraged to use long-term loans and substitute short-term loans, because Paying off expensive loans and paying bills increases the amount of expenses, which negatively affects financial results.

In general, the business is profitable, liquid and financially stable, otherwise it is necessary to increase the amount of capital to increase its growth.

The analyzed enterprise's undistributed income finally increased by 342,892 thousand during the period. crb. This is to indicate the growing business activity of the organization.

Significantly increase reserve capital per share of undivided profit.

The positive dynamics of the organization’s net assets (growth rate of 134.60%) indicates an increase in the assets of the mine complex. This promotes the financial independence of the organization, increases its market volatility and promotes increased investment profitability.

REFERENCES

1. Vakhrushina M.A., Plastkova N.S. Financial analysis: Podruchnik.-M.: University Podruchnik, 2007.

2. Bernstein L.A. Analysis of financial information. - M.: "Finance and Statistics", 2005.

3. Kutter I.M., Ulanova I.M. Accounting (financial) issue: Head. additional help. - 2nd view, revised ta add. - M.: Finance and statistics, 2006.

4. Financial analysis: Methodical instructions to complete the control work for fifth-year students of specialty 08109 (060500) “Accounting, analysis and audit.” - M.: INFRA-M: University assistant, 2007.

5. UPS “Consultant Plus”

The financial state of the organization depends on the effectiveness of three areas of activity:

main (production and sale of goods, work, services);
investment (additional and sales of non-current assets);
financial (receipt of financing, work with financial instruments, division of profits).

The results of the nomenclature and household policy, the selection of postal workers determine the amount of profit from sales, approaching the formation of inventories and the conduct of mutual frosts with purchasers and postal customers - the amount of current assets and short-term Zobov'yazan.

Capital investments change the amount of non-current assets and (often) positional assets and flow into the financial result through the amount of depreciation contributions, capital contributions, income from financial investments, profit and surplus in and there are funds.

Work with positive capital is shown in the liability balance and interest and income expenses. Actions that contribute to the size of profits in organizations associated with a dividend policy indicate the size of their capital.

As a matter of fact, all the assets that are being developed in the company also contribute to the size of its profits, assets and liabilities, on the basis of which key financial indicators (liquidity, financial financial stability and profitability).

Having developed a series of information that captures the legacy of these and other management decisions, it is possible to draw conclusions about the influx of these decisions into the financial development of the organization.

Reasons for the change in net working capital and liquidity ratio

It is logical to begin the analysis of the company's financial position with an assessment of the short-term perspective - the breakdown and interpretation of indicators of liquidity and net working capital (NWC).

From a mathematical point of view, net working capital (current assets - short-term capital) and the liquidity ratio (current assets / short-term capital) decrease as short-term capital decreases Shutsya swedish, lower turnover assets.

For managerial analysis, such an explanation is not relevant, since the increase in short-term position capital is in addition to changes in the size of the mine, capital stock and long-term positions of the organization. This regularity can be established on the level of logic, and through the transformation of the formula for the breakdown of the CSC:

CHOC = Power capital + Dovgostrokovі zobov'yazannya - Non-current assets (1).

So it would be irrelevant to recommend optimizing indicators for the growth rate of current assets (which, in essence, means the creation of maximum reserves, the provision of unobtainable lines to buyers) and the shortening of short-term payments (in the form of payment lines, what the postal owners are hoping for, and advances on the side of the buyers ).

The reasons for the decrease in net working capital and the global liquidity ratio that can be identified from the financial reporting data are shown in Table. 1. Examples that illustrate the method of action are described below.

Before we go home

The presented methodology is consistent with the importance of both Russian and international expression. Another method is to lose respect for naming rows, ignoring their numbers.

Table 1 Reasons for the decrease in net working capital and liquidity ratio

Note No.	The reason for the decrease in the carbon liquid coefficient	Identification of reasons behind the data
	Shortening the power of capital (in front of us - cash)	The meaning of the side changes. 1300 to the balance sheet “At once for section III Capital and reserves.” The reason for the shortening of capital can be determined from the data of several rows of the balance sheet in Section III “Capital and Reserves”, the information about changes in capital and the information about financial results. Main reasons: beats; paid dividends
	Financing of capital investments for short-term crops	The growth of non-current assets on the balance sheet (line 1100 “Along with Section I”) outweighs the aggregate increase in power capital and long-term balance sheets (line 1300 “Along with Section III” and 1400 “Along with Section V”)
	Redemption of long-line positions for rahunok; repayment of short-line crops	The shortening of the amount of long-term positional assets (line 1410 balance sheet) and other long-term liabilities (line 1450) outweighs the increase in power capital (line 1300 “Along with Section III Capital and Reserves”)

Start an analysis of capital and reserves in the liability balance. With a steady and growing amount of assets, a decrease in the amount of hair loss inevitably results in the gain of additional positions.

As soon as the loss of power capital was replaced by long-term goiters, the percentage of foreign liquidity is unique; Replacement with short-line goiters invariably pulls the extremities down.

From a management point of view, it is important to establish what actions have led to the depletion of capital and reserves - the results of activities (capitalization) that have been resolved in the sphere of the division of income into the capital of bank accounts (dividend collection) and other operations And how the news about the collapse of capital is overinsurance.

Revaluation of non-current assets - both in case of a change in value (discount) and in case of increased value (revaluation) - do not lead to a change in liquidity indicators, so that in this case the capital is not current assets change by the same amount.

The result of capital investments - additional income - often appears in the long-term perspective at the exact moment of the investment.

Since the short-term worker will have to pay for the operations, the result of which (profits as a result of the extinguishment of the goiters) will be taken away in a longer period of time, the situation with the company’s current payment capacity becomes more tense Yu. This means a decrease in the liquidity ratio and net working capital.

Before we go home

The type of short-term loans is of no importance: whether capital investments are financed with the help of an additional increase in creditor debt, and not with the help of obtaining short-term loans, which also corresponds to a reduced coefficient. Liquidity and CHOK.

About the direct investment of assets - in intangible assets, main assets, financial investments or assets that are leased (income investments in material assets) - allow us to judge the growing values of the type daily balance sheet (section “Non-current assets”), as well as explanations for details No. 1 “Intangible assets”, No. 2 “Main assets”, No. 3 “Financial investments”.

If long-line positions are extinguished due to insufficient power, short-line positions will inevitably be lost. The appearance of short-line goiters - positions and creditor obstruction - does not seem to be principled in the analysis.

Based on economic regularities, formula (1) can be confirmed so that Increased liquidity ratio and net working capital will be saved:

1. Growth of power capital. You can reach for the rahunok:

withdrawal of profit (bag row 2400 about financial results);
Vlasniki deposit (increasing value behind balance sheet lines 1310 “Statute capital” and 1350 “Additional capital without revaluation”);
an increase in the portion of net income that is lost from the orderly organization (increasing self-financing as a result of a decrease in the portion of net income that is distributed among government officials).

In order to estimate the portion of net income that is being deprived of a dismantled organization, it is necessary to set the cumulative value for rows 1370 “Non-divisional income” and 1360 “Reserve capital” to the liability balance with the amount of net income ku (story 2400 about financial results) for the period. The closer the values are insured to 100%, the more favorable the situation is in terms of the company's financial position.

Before we go home

In joint-stock partnerships, self-financing is impossible, and some of the profits may be distributed among the owners.

2. Additional rules: for the purchase or development of non-current assets, the required cash balances must be obtained through long-term rather than short-term financing.

3. Sale (short-term) of non-current assets, the result of which is directly related to the repayment of short-term liabilities.

Before we go home

The decision stated in paragraph 2 is ambiguous: long-term positions are, as a rule, significant percentage expenditures that change profits and, as a result, reduce power capital and reduce financial indicators. As a result, companies with high liquidity are allowed to finance capital investments with short-term loans, as a result of a decrease in liquidity from high to medium levels does not mean any losses qiv for the organization's flow-rate payment capabilities. For companies whose liquidity ratios are low, saving a pleasant fee in the short term for the use of “high-priced” long-term financing does not make sense (it can be called a fee for reducing the risk).

As a result of the analysis, it is necessary to establish which ones had a positive and which negative impact on fluidity indicators. The growth and shortening of the exhibitors can be judged by the influx of some of them.

Reasons for changing the coefficient of financial stability (autonomy)

The autonomy ratio (Power capital / Liabilities) reflects the level of ownership of the company in relation to position capital and is relevant to assessing the long-term prospects of the organization.

Due to the need to extinguish long-term and short-term goiters, they are equally important. Therefore, in the assessment of financial stability, the aggregate value of the position capital is considered - based on the analysis of liquidity, if the long-term crops are equal to the capital balance, the remaining balances will be repaid at maybutnyomu.

A slight change in the formula (power capital/total assets) confirms that the decrease in the autonomy coefficient is the result of a shift in the growth of assets over power financing. Zvidsi – an increase in position costs is inevitable.

Reasons why the share of financial pressures is increasing and the autonomy ratio is decreasing:

1. Shortening of capital due to the surplus of either dividend payments (change in non-distribution of profits), accounting balance (accumulation of previously revalued non-current assets has shortened) or gradual growth of capital This is due to the low profitability or the small part of the net profit that is lost from the order (Low level self-financing).

2. Capital investments, the size of which exceeds the amount of financial capital that fell during the same period (the growth of non-current assets, which outweighs the growth of financial capital).

3. An increase in current assets, which outweighs the increase in power capital. You can be a successor:

increase in the obligations of production, in which the increase in the value of current assets is inevitable;
or/and a decrease in the turnover of current assets (increased payment schedules that buyers expect, an increase in the rate of prepayment to customers for borrowed resources, an increase in the period of saving materials and inventories of finished products products in stock).

Reasons for the increase in the coefficient of autonomy:

1) an increase in the power capital (for the purpose of maximizing profits or changing the part that is divided into the share of the power bankers, the deposit on the side of the power bankers and investors);

2) accelerated asset turnover;

3) addition of assets between the sums, so as not to exceed the amount of money during the period of financial power.

As a result of additional valuation of non-current assets, the value of the autonomy ratio may increase, but such an increase may not be interpreted as a real increase in the financial stability of the company.

To understand the reasons for changing the display, the series of values are shown in the table. 1 explanation to table. 2, 3.

Reasons for changing profitability ratios

The parameters that initially determine the value of profitability factors are given sufficient respect to the economic literature. Zokrem, the Fahivians are well aware of the Dupont formula, which establishes the importance of profitability of capital based on indicators of profitability, turnover and the structure of the organization's liabilities. In connection with this, we analyze the reasons for the change in profitability ratios in the data in the table. 2 and 3.

Significant reasons for changes in financial indicators based on publicity data

Butt 1

Data for analysis are presented in table. 1.

Balance rows with zero values are not shown.

Δ means expansion according to the principle: [value at the end of the period – value at the beginning of the period].

When analyzing changes in long-term goiters (item 25), pay particular attention to changes in long-term goiters (item 13).

The range of profitability coefficients in rows 30 and 33, turnover coefficients in rows 29 and 32, as well as the indicator in row 36 is based on the average value of assets or liabilities in the period, so Following the principle: [(values for the beginning of the period + values for the end of the period )/2].

Summary about the reasons for the change in net working capital and liquidity ratio

During the period under review, there is a persistent downward trend in the liquidity ratio and net working capital (items 20, 21). In 2016 the stench has sank lower than the rhubarb, recognition is minimally necessary:

coefficient of global liquidity< 1 (величина краткосрочных долгов превысила объем ресурсов, которые в краткосрочной перспективе способны обеспечить приток денег в компанию);
CHOC< 0 (внеоборотные активы частично и производственный процесс полностью финансируются за счет заемных средств).

Thus, the situation with the company's payroll capacity in the short-term perspective can be called tense, which tends to worsen.

Rozrahunki, vikonany u pp. 23–27, it is clear that in each case, from the examined fates, there were signs that had a positive and negative impact on fluidity indicators. In this case, the negative influx will be greater.

A positive influx on the liquidity coefficient and NOC will help to increase the capital of the enterprise (clause 23).

A gradual increase in capital shows that capital has grown due to the level of business activity (net profit, items 19, 31) and the high level of self-financing (item 24). We will not conduct a row-by-line analysis of financial results and identify factors for growth or shortening of profits.

Pods that influenced liquidity indicators in 2015:

financing of investments for the development of short-stroke goiters,
partial cancellation of long-line positions with additional short-line positions.

The equalization of the increase in capital (19,236 thousand rubles) with the value of the repaid long-term position (20,000 thousand rubles) allows us to say that long-term crops were replaced by short-term ones for a minimum obligation, not This is important for the financial development of an enterprise.

The main reason for the decrease in liquidity ratios in 2015. – external financing of capital investments for the expansion of short-line borgs. This confirms the increase in non-current assets by 16,166 thousand. rub. and the available value of the cash balance after extinguishing long-term positions is 0 crb. (19,236 thousand rubles - 20,000 thousand rubles).

The meaning of paragraphs can be interpreted. 23–26 for 2015 In a different way: power capital became the source of financing capital investments, as a result of which the long-term demands were practically in constant obligation to the Viconans for increasing the number of short-term borgs.

In any case, it would be fair to note: with the amount of capital lost by the company in 2015, the immediate repayment of long-term positions and the current capital investments led to a decrease in liquidity indicators.

Negative consequences for liquidity indicators in 2016. There is little financing of capital deposits with the sums of short-term financing:

49617 thousand. rub. - (30,632 thousand rubles + 0) = 18,985 thousand. rub., or 38% growth of non-current assets.

In both cases, investments were made into the main assets (clause 1).

An ordinal analysis of the section “Short-term loans” will show what types of payments were received - paid (loans) and non-costly (creditors' debt).

If the company makes non-financial capital investments with short-term funds and saves profits (or, more accurately, increases profits, including the introduction of additional funds created in 2015–2016), it is possible to reach and the increase in liquidity ratios.

Summary of the reasons for changing the autonomy coefficient

As indicators of fluidity, and the coefficient of autonomy, there was a positive increase in the power capital of the enterprise during the analyzed periods (item 23). During both 2015 and 2016, the organization grew its assets at a rapid pace to increase its assets (paragraphs 23, 26, 28). In 2015 The same shift is avoided in current assets, in 2016 - in non-current and current assets overnight. As a result of the increase in positive and negative influxes in the value of the autonomy coefficient over 2015–2016. May not change.

In 2016 current assets have grown significantly through the increase in the obligations of business activities, which can be confirmed by a significant increase in revenue (nearly 34%, item 17) and the growing value of the main assets of the enterprise.

A slight decrease in the turnover ratio (clause 29) may be the basis for the change that the recent “input” in the increase in the amount of current assets has contributed to a change in the management of accounts receivable and/or the company’s reserves. To clarify the situation, it is important to review the periods of different elements of inventories and receivables and take into account other relevant information.

Notes on the reasons for changing profitability ratios

The positive dynamics of profitability ratios (items 30, 33) was also achieved by the financial results of the enterprise - an increase in profitability from 5 to 7% (item 31). As we have already stated, identifying the reasons for the change in income is the obligatory part of the analysis, and not going beyond the boundaries of statistics.

A slight decrease in the turnover of the company’s assets (item 32) will result in a small negative impact on the offending coefficients that contributed to their growth.

The decrease in turnover is the result of an increase in the cost ratio of working capital (clause 29) and investment in non-current assets. During periods of capital investments, the assets are actively generating income, and the hourly decrease in turnover may be considered natural.

The difference between the value of return on capital and return on assets can be explained in one way - the influx of the structure of the organization's liabilities.

An 8% increase in profitability of capital on assets and a 3% increase in return on assets indicate that the structure of financing that has developed in the company is visible from the point of view of investors and investors.

The structure of the company's liabilities is dominated by position capital with low dynamics of growth of the share of capital (items 22, 36).

To maximize the moisture content of your skin, you can further increase the amount of moisture in your budget. In addition, it is necessary to ensure financial stability, which is low for the enterprise.

A high portion of the power capital of passive assets is not an end in itself, it is important to preserve it at a reasonable level (theoretically - at least 0.5; in practice, the estimate of the permissible value to remain in the face of Galouze's power, competitive development and other officials).

Increasing assets with the help of additional capital can be effective solutions that will ensure an increase in the profitability of the enterprise. Enterprises with a high share of capital assets in their assets can implement such solutions, as a result of the reduced coefficient of autonomy from a high average level there will be no loss of financial stability .

Visnovok

The work of the enterprise can be found to be quite effective and there is a high risk of wasting payroll opportunities both in the short-term and in the long-term perspective.

To change the situation, it is necessary to ensure the profitability of the company's work and the growth of assets between the sums that fall and the current sums.

Butt 2

We analyze the financial situation of another enterprise, data for divisions are in table. 3.

Visnovki

There has been a noticeable increase in the liquidity ratio and NER in 2015. (paragraphs 15, 16) It is natural that all the minds of the growth of the demonstrators were determined:

increased power capital (clause 18);
long-line goiters were not extinguished with the help of short-line jerels (clause 20, there is no shortening of long-line goiters);
financing of capital deposits with short-line bank positions (19,181 thousand rubles.< (21 500 тыс. руб. + 2 447 тыс. руб.)).

In 2016 It is also necessary to ensure that the liquidity increases, and the coefficient of liquidity decreases. The reason is mathematical and related to the peculiarities of the behavior of fractions. Increase the number of the number and the sign of the fraction by the same value until the result changes; shortening the numberer and the signifier of the fraction by the same value, however, increase the sub-bag value.

Following the economical logic of increasing current assets and short-term liabilities, the same value can change the flow rate of the enterprise. This document confirms the level of net working capital (Table 4).

Table 4 Rate of net working capital, thousand. rub.

	Pochatkov's situation	Changing short-string assets and short-string assets by the same amount
	Pochatkov's situation	age	quickie
Working assets			150 – 50 = 100
Short-term goiter
Liquidity coefficient
Net working capital	150 – 100 = 50	200 – 150 = 50

In 2016 The current assets and short-term revenues of the enterprise increased by almost the same amount: 117,031 thousand. rub. (332,258 - 215,227, item 2) and 113,560 thousand. rub. (178045 - 64485, paragraph 10). At the same time, the growth of the number and the sign of the formula for the liquidity coefficient (and the substantive ones) is mathematically faster than the subsum value. As a result, a decrease in the liquidity ratio in 2016 can be interpreted. As a sign of the improvement in the streaming platform capacity of the company, there is no support. The increase in the net working capital of the enterprise confirms this increase.

Insurers shorten the obligation to sell (clause 12) and carry the net sum of capital investments, which will tie up the value of the growth of current assets in 2016. It is important to clarify and planned increases in the scale of activity.

A two-fold drop in the turnover of current assets (item 24) speaks of a serious decline in managed receivables and/or the company’s reserves in 2016. To generate residual repayments, you need to review the turnover periods and read information about the work from your substitutes and postal employees. After this, it will be possible to determine how to optimize turnover.

The increase in current assets, which significantly outweighed the amount of capital lost during the period (RUB 117,031 thousand >RUB 18,447 thousand), became the reason for the decrease in the autonomy coefficient in 2016. 500 thousand krb.) and shortening of total assets (current assets shortened, an increase in non-current assets by 19,181 thousand krub. appeared between the last year and the current financial period).

As of this date, the values of the coefficient of autonomy are no longer high, which is expected in 2016. talk about a decrease and there will be no further loss of financial stability. The company was and is no longer financially stable.

The increased turnover of current assets (item 24) caused a fall in the turnover of total assets (item 27) and a significant shortening of the profitability ratios of the enterprise. Those that the fall in return on capital (-6%) outweighed the fall in return on assets (-5%), suggesting that the structure of the company's financial services has become less favorable in the eyes of investors and investors. This change was an increase in the share of posture costs (paragraphs 31, 17).

In all periods, the reason for the increase in power capital is the withdrawal of profits (items 14, 7, 6), and not the revaluation of non-current assets (item 5), which positively characterizes the development of the enterprise.

There was a significant decrease in revenue obligations in 2016. (clause 14) and as a legacy – a smaller increase in moisture content from the previous period. This fact does not reduce financial indicators, but rather increases their growth.

A significant part of the enterprise’s income (close to 50%) is allocated to hair loss (clause 19). As a result, power capital increases and, as a result, financial indicators grow more, which is not possible to produce business results.

In order to achieve a high level of all financial indicators, the company “can afford” the parameters of the work that have been put together.

Indicators of liquidity, financial stability and profitability of the organization change with the influx of current parameters:

the financial result (profit) is divided between the company and its leaders;
size up the deposit for non-current assets;
wash keruvannya with current assets;
plant financial activities.

The most important of all financial indicators is that the value lies in the growth of the power capital of enterprises, then. The relationship between the size of capital investments and the growth of capital assets, as well as the principles of managing current assets, influence the dynamics of the ratios of financial stability and profitability.

To show the underlying liquidity, what is important is not the size of the capital investments, but the method of their financing - long-term and short-term investments. Selecting the value of long-term position capital will help to “maintain” the indicator of latent liquidity, otherwise there may be a negative impact on all coefficients with the help of a larger amount of financial losses warehouse profits.

This statti professor M.L. P'yatov(SPbSU) continues to look at the nutritional assessment of the financial status of the organization based on the balance sheet data. Possible options for interpreting the relationship between the power and received financing of a company are analyzed. The situation appears to be in response to the balance of government operations of firms, their regional and contractual policies.

In the first article, dear readers, we have begun to look at the options for interpreting the possible development of related passive companies - powerful and acquired financial entities and their activities. We talked about those who, if we are aware of the company’s financial data, which show the structure of the financing of its capital, each individual type should take into account the specifics of the company’s activities. The situation that is developing may be influenced by specific situations (company operations, external factors, etc.), which prompted their managers to work on the balance sheet of the company itself.

Note:
* Report of the Div. material. With all the articles of Professor M.L. Pyatova on this topic can be found under the tag “financial analysis”.

To implement this approach before assessing the value of financial strength ratios, the current financial strength of the company is insufficient. Here you may need data on the areas of management. The practice is to talk about those that many companies are ready to provide information to selected individuals, as is the case every day in their official financial affairs. And here it is important to note this, as we ask the data itself. In connection with this, the task of analyzing data from external sources is to understand what facts are demonstrated by the structure of the balance sheet, to obtain additional criticism and explanation.

We can continue to look at the dynamics of various elements of liabilities that characterize the warehouse of the financial activities of the company. Once again, we emphasize the importance of the fact that identifying possible reasons for the company’s “this and not another” structure of liabilities can help formulate additional data that can be taken away from the company’s management, Why bother you? It is important for an accountant to become renowned. p align="justify"> The selection of possible options for interpreting the data on the liability balance may be useful in the planned financial policy of the company. So we can assume that it is best to “think” about the analytics company that balances the current market. Here it is important not to forget that the reason for one or another version of the structure of passive firms is often not only the real facts of government activity, but also the implementation of a particular investment policy.

Table 1

Possible options for changing the device structure
financing of a company that appears as a liability on the balance sheet

Elementi passive balance Options	Capital and reserves	Long-term goiter	Short-term goiter

How the minds are appointed vikorist:
+ - Increase in the result of the related section of the liability balance for a number of different periods;
- - Change in the result of the specific section of the liability balance for a number of different periods;
h - savings (unnecessary changes) to the result of the corresponding passive section during the analyzed low-voltage periods.

Well, let's go. Here's option 3.

Option 3. Balance sheet valuations of capital and reserves and long-term liabilities must grow. The assessment of short-line goiters is decreasing

In general, this situation may not indicate a change in the relationship between powerful and received assets of the company's capital, but rather that the company's managers began to earn more long-term assets. In other circumstances, there is a positive trend. The increase in the share of the company's capital assets is evidence that the company's owners do not withdraw the company's profits from the turnover, but reinvest the capital gains. The increase in the obligation of long-term loans is the best demonstration of trust in the company. When giving long-term loans, they also trust the reliability of the company’s reputation and evaluate the company’s stable and expected future profits. Reducing the liabilities of short-term deposits means reducing the financial risks associated with financing activities with unstable capital sources. Moreover, because short-line lending is less common, there is less consistency in the formation of deposits in short-line, or permanently renewed, jackets, vests, knitted with vicoristans, which are always high.

Confirmation of these positive characteristics of the analyzed state can be found in the data on the dynamics of enterprise assets. All of the above will seem more plausible, since there will be significant changes in the asset balance sheet and a larger portion of non-current assets. This will show that the long-term earnings of capital are connected with the growth of long-term investments. It is possible, for example, to note the re-equipment of the company's production processes, since, allowing for an increase in turnover, it will not require an increase in reserves. The shortening of working capital in this situation can also indicate the optimization of work with debtors and/or the rationalization of operations with warehouse stocks. The same may be characteristic of both a manufacturing company and, for example, a trading organization.

Speaking about the dynamics of the assessment of specific items of assets and liabilities, it is significant that the resulting decrease can be confirmed by the data on the decrease in assessments of the items “Reserves”, “Additional payment for added assets” and “Receivables” in section II “On borotnі assets” balance sheet. In this case, you can be pleased with the increase in the assessment of the position “Non-division of profits” in Section III “Capital and Reserves” balance.

However, analyzing the option of changing the structure of the company's liability balance can indicate a completely different status.

First of all, companies can simply benefit from extended short-term lending. Since this loan was constantly repaid, the company spent a huge amount of money, and there is nothing good about it. Since short-term debt obligations have reduced the balance sheet of the enterprise, the company was forced to find an alternative means of financing. Since the balance sheet currency was no longer unchanged, in order to save its assets, the company either received a long-term loan or increased its financing obligations. Long-term lending costs additional expenses. Additional accumulation of financial assets may require changes in the dividend policy of the enterprise.

The picture of the performance of passive companies can be taken into account and the situation is critical in terms of the platform capacity. Unable to immediately pay off the short-term debt, the company could refinance by canceling the long-term loan. In this case, the company's financial policy can be aimed at maximizing the valuation of its capital and reserves, in advance of the revaluation of non-current assets. About this you can compare the increase in the position “Revaluation of non-current assets” in section III “Capital and reserves” in the liability balance.

Option 4. Balance sheet valuations of capital, reserves and short-term liabilities are reduced. The assessment of long-term goiters is growing

The most obvious thing that can be deduced from such a picture is that the company’s management is placing an emphasis on long-term loans as a means of financing the company’s activities. In addition, a thorough interpretation of the situation requires information about the dynamics of the currency balance in general and about changes in the structure of the company’s assets.

The current situation is that the accumulated assets received from the business company are no longer unchanged or are growing, changing the structure of liabilities, which seems to represent a good management system. For example, business developments and increased income may allow the company to change its dividend policy, begin to receive large sums of money from the Vlasniks, and, in order to gain confidence in their creditworthiness, eliminate long-term and loans. You should allow the short-term lending of your activities to be as fast as possible.

Such a system can be used to cope with a shortened currency balance. Here you can confirm your familiarity with Zvitu’s representatives about the financial results of the company. As a result of these data, the income of the firms increases, which shows an increase in the obligation to sell when assets are shortened, which can speak about the rationalization of the capital management of the company.

However, since the increase in turnover of the data “Report on financial results” cannot be ignored, the picture that can be seen may indicate a more recent situation with refinancing due to the risk of insolvency, without It is better to “brighten” the balance using methods of “optimization” of the regional policy. With this shortening of “Capital and Reserves” we can talk about those that part of the short-term loans were repaid for the share of the company’s assets.

At the same time, changes occur in the balance sheet of short-term banks, which may result from the optimization of the management of the company’s current assets, for example, the shortening of bank accounts, the provision of credit to buyers, in short, management Nya stocks. And with this, the sudden decline in the obligations of the government's capital, which is being demonstrated, may result in a further change in the regional policy with a greater emphasis on the principle of conservatism. In this situation, the increase in long-term debt can mean nothing more than the withdrawal of a large long-term loan from the bank, for example, for new ownership.

Thus, the situation can be analyzed at the same time as changes in the contractual policy of the company, for example, under the hour of transfer of a large amount of non-current assets, and even non-rented assets, with the overnight stagnation of methods Their accelerated depreciation. Thus, the purchase of non-current assets from a loan can significantly increase the size of long-term loans, changing the rates with landlords - changing the obligations of short-term loans, which are demonstrated, and increasing the amount of depreciation - speed This is the amount of power dollars for the change in the position of “Non-dividing profits”.

Option 5. The valuation of the firm’s capital and reserves decreases, and the demands increase

The conclusion that obviously arises after reading such publicity data is that the company’s management is changing its approach to financing and activities. The emphasis is shifting to obtaining capital, and the operations that are financed include both long-term loans and short-term deposits. Such a decision can be taken into account by the development of the company, an increase in its creditworthiness, and an increase in income, which allows for an increase in the amount of capital that is generated. All the same applies to “good” situations, especially if the obligations of your own money significantly outweigh the obligations of the borgs of enterprise.

At the same time, speaking about the situation itself, we can get acquainted with data on the dynamics of the company’s capital as a whole (balance sheet) and data on the “Report on financial results”.

On the other hand, this option is to change the structure of passive companies while saving or changing the legal obligations of the assets incurred in the activity (balance sheet contributions) and/or reducing income according to the “Review of Finance” and results” can indicate a completely different situation. The change in the obligations of the authorities and the growth of debts can indicate that the authorities are trying to withdraw money from the company, and their unpaid debts are growing and growing, and the company’s accounts are even worse.

The change in the volume of power assets, as demonstrated by the balance sheet, may be associated with a change in the company's fiscal policy. Here you can add in different ways:

the amount of non-current assets at excess cost, which is insured on the basis of expenses for their addition;
alternative to the method of estimating reserves using average prices;
changing the methods of depreciation of fixed assets and intangible assets, which will lead to a change in depreciation;
transfer of all amounts of mental and mental expenditures to the expenditure period.

This situation can also be caused by the company's financial policy, which is associated with the subsidiarity of the mine, which is rented for the purpose of acquiring non-current assets from the loan. And here the main sums of debt are due to the addition of non-current funds, to increase the obligations of long-term payments, and the exact payments from them - short-term ones.

Option 6. The valuation of the debtor's assets increases, and the amount of liability to creditors changes

Formally, this is the situation ahead of us. And here, as in the previous version, we can talk about the fact that this trend shows a change in policy for the management of the company in the area of financial activity. From the clawback of costs for the loan system, the company moves to secure a large part of the capital, which is redeemed by the costs of the rulers.

The company can change its dividend policy and, having recognized the incentives for shareholders, reinvest more profits. The balance will show the growth of the assessment of the position “Non-divisional profits” in the third section.

At the same time, a similar increase in power capital can be ensured by a change in fiscal policy. It is acceptable for the purpose of revaluation of the value of the main assets and intangible assets. The first axis of this decline in the third section of the balance sheet can be prevented from increasing the position “Revaluation of non-current assets”.

Regardless of the reasons for the increase in the third section of the company’s balance sheet, a decrease in the valuation of the fourth and fifth sections that appear in liabilities can indicate a shortening of the scale of business activities stva.

At the same time, knowledge of the balance sheet data for a number of periods shows that the third and fourth to fifth sections are apparently growing and changing disproportionately, and therefore the balance sheet currency is also changing pre-production of the legal obligation of the funds received prior to the activity of the company.

A change in the scale of activity is always an alarming signal that prompts serious assessments of risks, and therefore, the analysis of a large body of data related to the financial profile of companies mi.

The picture presented to the liability balance is that it is possible that there will be significant changes in the contractual policy of the enterprise. Significant obligations on the balance sheet may be associated with the addition of assets (usually non-current) on credit. Replacing the legal schemes for ensuring the activity of the company with the necessary one (for example, more actively violating the lease agreement) can quickly speed up the amount of debts that appear on the balance sheet. With this increase in the third section of the balance, one of the reasons described above may be provided.

The situation may also be considered as a result of a change in the minds of agreements with suppliers of current assets that are purchased by the company (for example, materials or goods - in connection with the organization of trade). The presence of continuous commercial credit could create both short-term and long-term claims (as the terms of commercial credit exceeded the river).

In minds that changed (for these and other reasons), the postal workers could insist on paying for supplies in advance. The implementation of such minds of development will inevitably speed up the obligations of the company's outstanding accounts payable, which appears in its name. In this case, the saving of huge obligations of activity could lead to an increase in the company's financing obligations on the side of the Vlasniks, which led to an increase in the size of the third section of the balance sheet.

Option 7. The assessment of water capital and long-term goiters decreases, and short-term goiters increase

The reasons for the increased demonstration of the balance of the enterprise’s assessments of its own jelly-costs and long-term claims are due to a similar option to what we described above.

The specificity of this variant of the dynamics of the company’s liability balance indicators is the increase in short-term liabilities with changes in obligations of other financial resources.

Short-line dzherela koshtiv, say, are associated with financial risks. It is better to avoid being negative in the face of this situation. Particularly, as short-term losses increase and changes in valuations of other divisions, the asset structure of the company and the relationship between its elements do not change. Otherwise, it seems that in order to save the scale of the company's activities, most of its businesses begin to be financed using short-term loans.

At the same time, a detailed analysis of the situation can show that financing for the stock of stable liabilities, which are formed by short-line borgs, is simply assessed by the company’s management as more beneficial and, having assessed the connections with it Risks and having accepted them, the company changed its approach to financing its activities. This is the same situation, if the assessment of the financial strength and payability of the company can be carried out in a separate manner.

This situation can also be seen as a shift in emphasis in short-term lending, without connection with changes in financing for the exchange rate of government funds. Even a decrease in estimates for the third section of the company's assets may be associated with a change in the provisions of its regional policy.

Let's decide that this situation can lead to a change in the regional policy specific to these areas of activity. So, for example, analyzing the option of changing the structure of liabilities can be carried out by a trading company in the trading of commission goods. Since previously the goods accepted as commodities were included in the balance sheet, then they were not reflected in the assets and the short-term obligations associated with them. Now the company buys goods on credit from customers in exchange for the transfer of power rights to it. Goods appear in the inventory warehouse, mostly in the “Current assets” section, and accounts payable to postal employees – obviously in the “Short-term debt” section of the liability. In this case, for example, a change in the obligation of long-term obligations can refer to the repayment of loans for the purchase of non-current assets during the final period of the company’s activity. A change in the assessment of the third section of the liability may, again, be a consequence of a change in regional policy.

Option 8. The assessment of capital and reserves increases, the short-term requirement will increase, and the long-term requirement will change

In a situation where there is a change in the balance of assessments of the health sector, it may be associated with similar increases and decreases in the amount of cravings, and it is not possible to deal with them at all.

As we have already noted earlier, an increase in the balance sheet valuations of the elements of “Capital and Reserves” may be a consequence of changes in the company’s financial policy. Revaluation of non-current assets, different methods of accounting for depreciation, which reduces the flow rate, the method of valuing FIFO inventories, division of intellectual and permanent costs between sold products and surpluses in progress new generation and reserves - this is how we accept the data to increase the assessment of water resources. Particularly noteworthy is the growing position “Revaluation of non-current assets”. The same regional policy can significantly increase the position of “non-division of profits”.

In fact, regardless of the dynamics of demand, a company can change its dividend policy in order to increase the obligation to reinvest earnings. Here you will find an increase in the position of “Non-divisional profits” in the third section of the balance sheet.

This very picture, which appears to be a liability on the balance sheet of the company, can be seen in many dubious legacies. Increased liabilities for asset revaluations may be accompanied by changes in long-term loans, which simply means that they are not renewed. This may be due to the company losing its creditworthiness, which confirms the increase in short-line claims that are not paid.

However, everything may not be so bad. The amount of long-term claims may be reduced per contract, for example, by changing the company's agreed policy. The company can start with a much larger part of the company and secure its activities with a rented mine. Loans that were withdrawn prior to the addition of non-current assets will be repaid gradually, no new ones are required.

Short-term claims may incur increased charges for rent due to landlords. An increase in capital and reserves may be associated with increased profits resulting from the victorious treaty policy.

The same picture can be seen in the balance sheet of a trading company that began to sell valuable goods of its constituents, or a manufacturing company that has transferred the production of products from dealers.

About the extent to which the developments in the relationship between power and acquired assets are favorable for the company, we can also learn from the data from “The Report on Financial Results”. As the changes that are expected are likely to influence the growth of turnover and profits - the company's managers have made the right choice. A decrease in profitability will clearly indicate that balancing the balance in this period tells us about the crisis on the right side of the organization.

In this article, dear readers, we will look at options for changing the structure of passive companies, for which assessments of their main part preserve certain stability, and in other cases, the importance of changing it I won’t be able to help you in real life.

Reading the company’s balance sheet is one of the stages of express analysis of the financial statement of the issuing company, which gives the investor information about its creditworthiness, paymentability, possible risks and investment profitability.

Before analyzing the balance sheet, the investor should note:

What is expected of the company's assets? What are the main functions of the business? What do they indicate about the operational (main, commercial) activities of the enterprise? How is working capital handled?
What are the drastic changes in certain balance sheet items? If so, then what were the reasons for calling them out?
What kind of money is the company financed for? What is the relationship between positional and power capital? What is the ratio of reserves and consumption before their formation?
What happens with the undivided income? This is especially important for dividend-paying companies. If the undivided profit is negative, the company can pay dividends on legal basis.

The “Garniy” balance pleases the minds of the day:

Currency (under all accounts) balance tends to increase during the light period.
The rate of growth of the currency balance is greater than the rate of inflation, but not greater than the rate of growth of revenue.
Size, often the rate of growth of receivables and creditors is approximately the same.
The rate of growth of current assets is greater than the rate of growth of non-current assets and short-term assets.
At the same time, the rate of growth of long-term financing assets (both government and long-term position capital) will shift certain indicators beyond non-current assets.
The portion of the foreign capital balance exceeds 50%.
The balance has daily uncovered cash.

Evaluation of the results of the balance sheet analysis
Working assets (Current Assets)	An increased share of current assets coincides with the mobilization of assets and the accelerated turnover of the company's assets. A sharp increase in working capital may be the result of ineffective policies (overstocking the warehouse, choosing expensive financing options).
Non-current assets (Non-current Assets)	An increase in non-current assets means talking about the addition of mines and investments in everyday life. For the presence of such deposits, it is important to establish that the stench of any kostiv (power/position (long-line and short-line)) was broken. The decrease may mean sales of basic assets, and an increase in depreciation, or physical wear and tear of labor. The more non-current assets a company has, the more financial resources are required to support them, and the greater the share of its capital.
Stock (Inventory)	A large number of stocks and their rapid growth can be seen in the warehouse. Regular changes in inventories may indicate a loss of activity or a lack of working capital for the purchase of required supplies. An increase in inventories without an increase in sales costs reduces the turnover and payment capacity of the company.
Accounts receivable (Net Receivables)	The high level of receivables and the low level of cash flows is important to talk about sales with an increase and problems with payment. Since the increase in receivables is associated with the increase in sales, the increase in the enterprise's revenue was ensured by the increase in the amount of trade credit given to buyers. As there is an increase in expectations and the tendency of a decrease in revenue, regardless of the increase in the term of trade credit, the company was not able to lose its customers. This drives the company's operating risks. As changes are expected, there will also be an increase in revenue, which means that buyers have begun to pay faster for orders (there has been a shortening of delivery days) and some of the goods are paid for in advance. The transfer of accounts payable over debtors qualifies as approaching bankruptcy.
Financial investments (Long Term Investments)	An increase in long-term deposits speaks of the withdrawal of funds from the main activity, and a decrease - about the gain and reduction in the financial position of the company.
Short-line / long-line positions (Short Term / Long Term Debt)	The greater number of short-term loans is important as it increases the risk of loss of financial stability, while long-term loans reduce the risk. The optimal ratio for a capital structure is 60% positive and 40% volatile.
Power capital (Stockholders' Equity)	An increase in the share of financial capital corresponds to an increase in the financial stability of the enterprise. The growth of uncoated whipped meat will weaken.

These balance sheets allow you to estimate in advance the payment capacity of an enterprise on a given date. And therefore, from the amount of current assets, the amount of short-term debt is taken away. The resulting result can be called the “stock of value” of the payroll company.

More other problems need to be addressed in the balance. Short-term and long-term goiters in balance: what is it?

Reasons for the change in net working capital and liquidity ratio

Reasons for changing the coefficient of financial stability (autonomy)

Reasons for changing profitability ratios

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More other problems need to be addressed in the balance. Short-term and long-term goiters in balance: what is it?

Reasons for the change in net working capital and liquidity ratio

Reasons for changing the coefficient of financial stability (autonomy)

Reasons for changing profitability ratios

Visnovok

Visnovki

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