ASSESSMENT OF THE FINANCIAL POSITION OF THE MAIN PRODUCERS OF SUNFLOWER OIL IN RUSSIA

DOI 10.32651/216-71

Issue № 6, 2021, article № 11, pages 71-77

Section: Agrofood market

Language: Russian

Original language title: ОЦЕНКА ФИНАНСОВОГО ПОЛОЖЕНИЯ ОСНОВНЫХ ПРОИЗВОДИТЕЛЕЙ ПОДСОЛНЕЧНОГО МАСЛА В РОССИИ

Keywords: FINANCIAL STABILITY, EQUITY, OWN WORKING CAPITAL, SOURCES OF FORMATION OF STOCKS, ANALYTICAL AVERAGE BALANCE, PRODUCERS OF OIL OF SUNFLOWER

Abstract: The article discusses the features of the analysis of the stability of the financial situation of business entities using the example of sunflower oil producers in Russia. The financial position of the business entity is mainly capable of ensuring the continuity of its operations, which is determined by the capital structure. According to the average consolidated analytical balance for 2019, most sunflower oil producers in the country have an unsatisfactory structure of sources of financing; provide their assets mainly through borrowed sources of formation. Therefore, none of the relative indicators of financial stability meets its optimal parameter, and there is reason to diagnose the unstable financial situation of the economic entities under consideration. The main internal cause of the unsustainable financial situation is the low share of its own sources of financing. A key macroeconomic driver of the current financial situation is the high level of growth in sunflower exports, resulting in a shortage of raw materials and an increase in stock prices. Starting in 2020, the financial situation of sunflower oil producers should be expected to improve, due to the introduction of restrictive measures for the export of sunflower. The measures taken will eliminate the shortage of raw materials and reduce the cost of reserves of sunflower oil producers.

Authors: Kibirov KHetag Georgievich, Soskieva Elena Alanbekovna