Analytical Tools For Assessing The Liquidity Of Assets Of Agricultural Enterpise

Abstract

The dynamically developing market environment of business puts forward new requirements for the organization of economic and financial activities of the enterprise in any business area. The organization, as an economic entity in the market, is constantly in close interaction and cooperation with other participants: it enters into various contracts, purchases raw materials and sells its products, performs the duties of a taxpayer, and strives to expand and sustainably develop its business. The solution of such a complex of various tasks is impossible without constant monitoring of current business processes and analysis of the financial condition, the separate most important stage of which is the analysis of liquidity. The approaches to the analysis of liquidity available in the economic literature are of little use for use in the activities of agricultural organizations, which required the development and justification of the author's approach to the analysis of the liquidity of the assets of these entities. In the scientific study, specific liquidity ratios are proposed that are intended for use only in agricultural activities, and the recommended methodology is tested on the practical data of agricultural organizations in the Leningrad region. The use of the proposed tools will allow monitoring changes in the composition of liquid assets and can serve as a signal financial instrument that reflects the deterioration or improvement of the organization's solvency.