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Financial balance as a condition for sustainable development of an industrial enterprise

Journal: Collection of Scientific Works of Kirovohrad National Technical University. Economic Sciences (Vol.24, No. 1)

Publication Date:

Authors : ;

Page : 369-377

Keywords : balanced development; financial balance; financial equilibrium profile of enterprise; efficiency;

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Abstract

The main goal of the article is to provide balanced development of the industrial enterprises according to forming their financial equilibrium. Progressive evolution of national economy gives the requirements of industrial enterprises' balanced functioning. Providing stream of payments' balance, their free moving, effective performance, proportionality of their structure forms an important complex category named “financial equilibrium”. In accordance with this critical relations providing of the financial equilibrium are analyzed. The main idea of research is to consider this category as the core of general balanced development of industrial enterprise. Forming financial profile of industrial enterprise gives an opportunity to explore critical points and problems of its economic evolution. Main questions of ensuring the equilibrium development based on financial balance are researched. Critical relations forming the financial equilibrium are analyzed. An industrial enterprise profile of financial equilibrium is formed.

Last modified: 2017-06-22 15:14:16