Asset Management of PJSC "Azot"
Students Name: Dykhno Danylo Hlibovych
Qualification Level: magister
Speciality: Finance, Banking and Insurance
Institute: Institute of Economics and Management
Mode of Study: full
Academic Year: 2021-2022 н.р.
Language of Defence: ukrainian
Abstract: The basis of economic activity of each enterprise are assets. Given the limited resources, the leaders of the enterprise face such tasks as determining the volume of assets, optimizing their structure and quality. Today, the company’s assets play an important role in ensuring the sustainability of its operation. The analysis of the scientific literature makes it possible to form an approach to the asset management system of the enterprise, the structural components of which are: • management of non-current assets; • management of current assets; • cash management; • inventory management; • receivables management. From the point of view of enterprise assets management, their division into current and non-current - is the most appropriate from the point of view of management, as this approach corresponds to the structure of the Balance Sheet and reflects the participation of assets in business. Therefore, the management of cash, inventories and receivables should be considered in the asset management system of the enterprise [1]. The main goal of effective asset management is to ensure profitability and sustainable development through the rational use of all types of assets to increase the competitiveness of the enterprise Research of the state and structure of assets is a multifaceted process, because during its implementation it is necessary to assess the volume, structure and dynamics of current and non-current assets, to study the technical condition of fixed assets, rates, forms and methods of renewal; determine the level of use of fixed assets and the factors that affect it, etc. [2]. The efficiency and effectiveness of the industrial enterprise depends on the soundness of investment and rational use of resources proposed in the factor analysis of asset turnover ratio to take into account the impact of indicators such as inventory turnover ratio, the share of current assets in total assets[3]. The object of the study is the indicators of financial activity of PJSC "Azot" and the factors that provide them. The subject of the study is the financial and economic relations that arise in the process of PJSC "Azot", which have an impact on assets. The objective of the study is to analyze and evaluate the assets of PJSC "Nitrogen", their composition and dynamics in recent years and to develop recommendations or find ways to improve them based on methods of mathematical modeling and analysis. Suggestions for improving the use of fixed assets to further stabilize its financial condition of PJSC "Azot" are presented. The introduction of a new type of product is proposed. As a result of the implementation of this idea, we see an increase in net income, profitability and annual economic effect. An in-depth analysis of the structure of assets and fixed assets. Reducing depreciation of fixed assets has a positive impact on financial indicators such as liquidity, profitability and increases net incomeThe following methods were used in the master’s thesis: analytical, graphic, method of financial analysis. SWOT-analysis, economic-mathematical modeling, generalization methods were performed. Information base of PJSC "Azot" - internal financial statements of the company for 2018-2020; scientific works of domestic and foreign scientists, materials of scientific and practical conferences and Internet resources. The master’s thesis consists of an introduction, three chapters, a conclusion and a list of used sources of 25 titles, including sources of monographs 7, periodicals 13, 5 references, 4 appendices, 17 tables, 8 figures, 26 formulas. Materials of the work are presented on 64 pages, including the main text occupies 45 pages Key words: asset management; asset analysis; profitability; financial stability; financial condition, research. References: [1] Blank I.A. Asset Management / I.A. Blank - K .: Nika-Center, Elga, 2011. - 702 p. [2] Zhuk OS Estimation of the state and structure of assets of the enterprise / OS Zhuk // Scientific notes of the National University "Ostroh Academy". Series "Economics": a scientific journal. - Ostrog: OA National University Publishing House, December 2016. - № 3 (31). - P. 16–20. [3] Kovalchuk V. G. Improving the strategic management of the enterprise. International scientific-practical journal "Financial space". - 2020. - № 1 (37). - P. 66-75.