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Economic Analysis: Theory and Practice

Dominant indicators in the integrated assessment of enterprises financial condition

Vol. 21, Iss. 12, DECEMBER 2022

Received: 21 July 2022

Received in revised form: 4 September 2022

Accepted: 25 September 2022

Available online: 28 December 2022


JEL Classification: C81, D24, O12

Pages: 23142325


Tat'yana A. MEDVEDEVA Chuvash State Agrarian University (Chuvash SAU), Cheboksary, Chuvash Republic, Russian Federation


Natal'ya V. ALEKSEEVA Chuvash State Agrarian University (Chuvash SAU), Cheboksary, Chuvash Republic, Russian Federation


Nadezhda L. DANILOVA Chuvash State Agrarian University (Chuvash SAU), Cheboksary, Chuvash Republic, Russian Federation


Artur A. SEMENOV Chuvash State Agrarian University (Chuvash SAU), Cheboksary, Chuvash Republic, Russian Federation


Subject. The article deals with dominant indicators in the integrated assessment of enterprises financial condition.
Objectives. The focus is on practical application of the concept of dominant indicators in the financial analysis of the enterprise.
Methods. The main tool of the study was an algorithm for conducting a complex analysis of financial condition of the enterprise and identifying the dominant indicators that determine the final financial result.
Results. We performed a comprehensive analysis of financial condition of three large grain processing enterprises operating in various regions of the Volga Federal District. The paper identifies dominant indicators that most accurately reflect the impact on profits.
Conclusions. As practice shows, the analysis of various coefficients may provide ambiguous information. For instance, there may be situations when low liquidity indicators are revealed, but financial results with the existing asset structure are high enough and the company's activities are highly profitable. That is, the values of some indicators do not always characterize the enterprises performance quite accurately and unambiguously. To determine dominant indicators is a necessary tool for understanding the real impact of individual economic parameters on the final financial result.

Keywords: financial analysis, indicator, financial result


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Vol. 21, Iss. 12
December 2022