ASSESSMENT OF THE FINANCIAL CONDITION OF AGRICULTURAL ORGANIZATIONS DEPENDING ON THE TYPE OF ACTIVITY

DOI 10.32651/225-91

Issue № 5, 2022, article № 15, pages 91-96

Section: Agrofood market

Language: Russian

Original language title: ОЦЕНКА ФИНАНСОВОГО СОСТОЯНИЯ СЕЛЬСКОХОЗЯЙСТВЕННЫХ ОРГАНИЗАЦИЙ В ЗАВИСИМОСТИ ОТ ВИДА ДЕЯТЕЛЬНОСТИ

Keywords: FINANCIAL CONDITION, AGRICULTURAL ORGANIZATIONS, TYPE OF ACTIVITY, COEFFICIENTS

Abstract: The indicators of analysis of the financial condition of agricultural organizations depend on the peculiarities of agricultural production - the duration of the production cycle, the seasonality of production, a high share of low-liquid property, a high share of borrowed funds, and other factors. This study analyzed the financial condition of agricultural organizations, taking into account their specialization and type of activity in accordance with OKVED. Financial ratios were determined for organizations specializing in the production of crop products (7 types) and livestock products (6 types). The obtained values ​ ​ of financial coefficients were compared with regulatory ones. As initial data, the database of accounting and statistical reporting of Testfirm organizations was used. Poor financial condition of organizations specializing in the cultivation of fibrous pre-wild crops and small organizations engaged in pig breeding. The best financial conditions have agricultural organizations specializing in the cultivation of grain. This is typical for organizations of different sizes; however, liquidity and profitability indicators deteriorate with a decrease in the size of grain-producing organizations. In animal husbandry, organizations have unsatisfactory liquidity indicators and very low profitability indicators for almost all analyzed activities.

Authors: Bykovskaia Natalia Valerevna, Poddubnaia Zinaida Vladimirovna, Dolgova Elena Aleksandrovna