Berhanir Inna, PhD (Economics), Associate Professor of the Department of Finance, Accounting and Economic security, Pavlo Tychuna Uman State Pedagogical University, Uman, Ukraine

ORCID: 0000-0001-7035-1170
e-mail: innaberzhanir@ukr.net

Diagnostics of the Formation of Financial Capital of Business Entities

Abstract. Introduction. It has been established that the availability of opportunities for mobilizing financial capital is a determining factor in increasing financial potential, ensuring competitive advantages and stable economic development of business entities. A streamlined and efficient process of forming the financial capital of an enterprise allows you to maximize its market value, ensure financial stability and profitability, and minimize the risks of financial and economic activities in the long term.

Purpose. The purpose of the article is to study the theoretical provisions and develop practical recommendations for improving the process of forming the financial capital of business entities in modern conditions.

Results. The structure of financial capital of Ukrainian enterprises by branches of the economy has been investigated. Changes in the structure of sources of formation of financial resources of Ukrainian enterprises are analyzed, and the main factors that have entailed these changes are considered. The analysis of the dynamics of profitability indicators as the main source of formation of own financial resources of Ukrainian enterprises is carried out.
It is proved that an important role in stimulating reproduction processes in the economy is played by bank lending as the main source of financial resources for the current and investment activities of the subjects. The dynamics of the volumes of credit investments of Ukrainian banks was investigated, and the share of overdue loans in the total amount of loans was determined.

Conclusions. In modern economic conditions, the optimization of the sources of financial resources of Ukrainian enterprises should be based on the criteria of the latter’s sufficiency, the optimality of their ratio depending on the industry characteristics and specific business conditions, the economic feasibility of attracting them and efficiency.

Keywords: financial capital; bank credit; financial resources; profit; liabilities; equity.

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