BANKRUPTCY OF AGRICULTURAL ORGANIZATIONS: REGIONAL LEVEL

DOI 10.32651/225-48

Issue № 5, 2022, article № 8, pages 48-53

Section: REGIONAL ECONOMY

Language: Russian

Original language title: БАНКРОТСТВО СЕЛЬСКОХОЗЯЙСТВЕННЫХ ОРГАНИЗАЦИЙ: РЕГИОНАЛЬНЫЙ УРОВЕНЬ

Keywords: THE ULYANOVSK REGION, THE RISK OF BANKRUPTCY PROBABILITY, FINANCIAL STABILITY, FINANCIAL SOLVENCY, PROFITABILITY, AGRICULTURAL PRODUCTION

Abstract: Agricultural production, like any commercial production, is characterized by exposure to the risks of financial condition deterioration, up to bankruptcy and liquidation of enterprises. A study of the risk of bankruptcy probability was conducted using three popular methods among 57 randomly selected agricultural enterprises of the Ulyanovsk region. Various methods such as analysis, synthesis, grouping, etc. were used in the study. The study showed that in 2020 about 21% of the randomly selected enterprises (12 out of 57) had a high risk of bankruptcy probability. Upon a more detailed study of 2 crisis enterprises, it was revealed that in most cases their financial indicators were significantly lower than the industry average. To improve the financial condition of the analyzed organizations, appropriate financial recovery procedures have been proposed.

Authors: Leshina Elena Aleksandrovna