Improving the liquidity and solvency management mechanism of the private enterprise Agrotem
Students Name: Pylypiv Sviatoslav Ihorovych
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 master’s qualification work lies is to substantiate the scientific-theoretical, methodological and practical aspects of the mechanism of liquidity and solvency management of the private enterprise "Agrotem". This company is engaged in the production of meat, as well as retail and wholesale trade of it. PE "Agrotem" has been operating on the market for more than 20 years, and carries out a full cycle of processing of animal products: preserving the meat, slaughter, primary meat processing, production of meat products and meat semi-finished products.[1] The object of research is the liquidity and solvency of PE "Agrotem". The research period is the company’s reporting from 2017 to 2020. The subject of research - methods of liquidity and solvency management of the enterprise, as well as practical approaches to their improvement. The purpose of the master’s thesis is to research and select the best ways of improving the liquidity and solvency to increase their management of available resources. The work consists of theoretical-analytical, research-prognostic and guidance part. The first section highlights the theoretical approaches to determining the nature of liquidity and solvency. Within the framework of the first paragraph, the approaches of domestic and foreign researchers to the definition of the essence and meaning of the concept of "liquidity" and "solvency" are deeply analyzed, and their peculiarities are highlighted. In the second paragraph of the first section, an in-depth analysis of the state of financial and economic activities of PE "Agrotem" based on the application of the most common in domestic practice methods of horizontal, vertical and coefficient analysis. In the final paragraph of the first section of the master’s thesis we conducted a detailed analysis of liquidity and solvency of the researched PE "Agrotem", the values of which according to the results of previous analysis were unsatisfactory and identified the factors of such situation. The second section of the master’s qualification work, that is research and prognosis, consists of three paragraphs. In the first paragraph of the second section we conducted a SWOT analysis of PE "Agrotem". Based on the identification of strengths and weaknesses of the enterprise, as well as its capabilities and threats, strategies for further development in the areas of "finance", "sales", "production" and "personnel" were formed. In paragraph 2.2. we conducted an analysis of liquidity and solvency of the researched PE "Agrotem" based on the use of economic and mathematical modeling. The economic-mathematical model proposed by N.I. Vlasiuk and Larikova T.V. was taken as a basis. The main reason for choosing such a model was the availability of information data required for its application, as well as the insignificant time spent on its processing. In paragraph 2.3, which is based on the application of the least squares method, we calculated the forecast values of current assets and current liabilities of PE "Agrotem". The third part of master’s thesis provides recommendation character in relation to the improvement of liquidity of enterprise. In the first paragraph of this part on the basis of work with literary sources we offered a general case liquidity and solvency of enterprise frame and presented it graphically. The paragraph 3.2 and 3.3 provides advisory measures aimed at increasing the level of liquidity and solvency; the economic effect of implementing these measures is also shown here. Keywords: enterprise, analysis of financial condition, liquidity, solvency, mechanism, directions of improvement. List of used literature sources. 1. Vlasova N. Estimation of liquidity and solvency of enterprises of retail business : monograph / of Vlasova N., Pichugina Т., Smirnov P.; Kharkiv. state university of feed and trade is Kharkiv, 2017. 2. Private enterprise "Agrotem" [Electronic resource] – an official web – site is access Mode: https://agrotem.lviv.ua/ 3. Lashchyk I., Ilchuk, P., Viblyi, P. the State and progress of investment activity of domestic enterprises trends. Galychina economic announcer, 2021. 70 (3), 71-78. 4. Skoropad I., Kurylo O., Chubka OM, Didukh O., Kryvetskyi І. Financial activity of business entities: Lviv: publishing House of Lviv Polytechnic, 2016. 344 p.s 5. Chubka OM, Yarmoshuk A. Yu. The state and problems of development of business entities in Ukraine / OM Chubka, A. Yu. Yarmoshuk - Electronic scientific-practical journal "Market Infrastructure" - Odessa: PU Black Sea Research Institute of Economics and Innovation ”- Issue 29 - 2019 - p. 335-340.