Analysis and evaluation of level of crisis on the engineering enterprises of Khmelnitsky region

Trots Iryna

The aim of the article is the diagnosis, analysis and evaluation of level of crisis of engineering enterprises of Khmelnitsky region in the current economic conditions. Outlined aim is achieved by performing the following tasks: to carry out the classification of engineering enterprises of Khmelnitsky region according to their level of crisis and outline the main features of the crisis; offer the system of evaluation of the crisis level of enterprises based on deviations from the norms in the group the most important factors and indicators; calculate and analyze the main factors determining the performance and crisis level engineering enterprises of Khmelnitsky region by different methods. Unstable conditions of the modern market economy, the growing of crisis processes leading to increased levels of insolvency and bankruptcies of enterprises, among which a significant part is engineering enterprises. In this context, the main tasks facing modern engineering enterprises are in maintaining its market position, increasing competitiveness and stabilizing of the financial state in times of crisis the economy. The results of analysis and comparative assessment of the crisis of engineering enterprises of Khmelnitsky region are proved of the necessary and the objectivity of the aforementioned methods, and most importantly their practicality and simplicity of calculation. However, to improve the accuracy of evaluation and comparison is proposed comprehensive use several approaches simultaneously. So, as a result of the research we can conclude that at present there is no single and universal methodical approach to determine the level of the crisis and the probability of bankruptcy for engineering enterprises. However, the using of the several of methods allows first, provides the ability to select the most appropriate for a particular situation or risk, and their combination for the prevention and avoidance of risk and crisis in the enterprise as a whole; secondly, allows to assess impending problems from different angles, to determine the financial condition, identify problematic aspects in the work on evaluation of changes in trends in key financial indicators (liquidity, solvency, financial stability), pre-determine the threat probability of bankruptcy for several years its onset (1-5 years), to determine the location of the enterprise sector in the overall ranking.

Keywords: diagnostics, signs of crisis, level of crisis