EDN: NWQYVF
Authors:
IZZUKA Tatiana Borisovna, ALIBEKOVA Elsa Rustamovna
Abstract.
Today's world has become very dynamic, companies face uncertainty and various risks, including financial risks. Rapid developments in technology, changes in market conditions, changes in legislation and other factors can significantly affect the financial stability of a company. Assessing financial stability is a pressing task for companies in modern conditions, since financial stability has a significant impact on the company’s ability to achieve its goals and ensure the stability of its activities. In modern conditions of development of Russian organizations, special requirements are imposed on their financial stability. Financial stability, in fact, is the main factor in the financial security of companies, thereby contributing to the further development of their investment climate. Financial strength assessment helps companies develop strategies to manage possible risks and forecast their financial needs in the future. It is also an important decision-making tool for lenders and investors who wish to evaluate potential risks and investment opportunities. The relevance of this topic also lies in the fact that financial stability is the most important characteristic of the financial and economic activities of a company. In the case of a high level of financial stability and solvency of the organization, there is a significant advantage in attracting investments, loans, as well as in selecting suppliers and selecting qualified employees compared to similar companies in the industry. In addition, such organizations do not clash with government agencies, as well as with the population, since they have the opportunity to promptly pay taxes, insurance premiums, wages to employees, and dividends to shareholders. This article substantiates the main factors for strengthening the financial stability of a company in modern conditions. The article examines the validity of investment decisions by studying the analysis and assessing the significance of the impact of ESG factors on the sustainable development of companies.
Keywords:
financial stability, own working capital, factors of financial stability, financial stability ratios, unprofitable companies
