Article,
Analysis and Assessment of the Financial Condition of the Enterprise
CENTRAL ASIAN JOURNAL OF SOCIAL SCIENCES AND HISTORY, (2022)
Abstract
Financial condition - the main characteristic of the financial and economic activities of the organization. It determines competitiveness, potential in business cooperation, assesses the degree of guarantee of the economic interests of the enterprise itself and its partners in financial and production conditions. The financial condition can be of three types: stable, unstable (pre-crisis) and crisis. The ability of an enterprise to make payments on time, to finance its activities, to endure unforeseen situations and maintain its solvency in adverse conditions speaks of the stable financial condition of the enterprise, and vice versa.
