ASSESSMENT OF FINANCIAL STABILITY INDICATORS DYNAMICS OF TRUCK TRANSPORT ENTERPRISES IN UKRAINE

The article is devoted to the analysis and assessment of the dynamics of indicators of the financial stability of road transport enterprises in Ukraine for the period 2013–2020. The research analyzed the market of freight transport in Ukraine and identified the main problems of the operation of road transport enterprises. The trends of changes in financial results of activity, the level of profitability and unprofitability were evaluated, the dynamics of capital investments of freight road transport enterprises were studied. Changes in non-current and current assets, equity and loan capital, amounts of receivables and payables were analyzed. The dynamics of individual sustainability indicators of enterprises were studied, the ratio of capital investments and depreciation deductions, current and long-term liabilities, the level of financial autonomy and general solvency was determined. According to the results of the study, it was established that depreciation deductions remain a limited resource for truck transport enterprises, and the share of capital investments is rather insignificant. The transport industry does not attract sufficient foreign direct investment to stimulate development and increase competitiveness in the market. The researched sector is quite closed to foreign capital and owners, and is developing mainly at the expense of domestic resources. As a result of the study, it was established that the activity of motor vehicle enterprises engaged in freight transportation is characterized by the dominance of the material intensity of the cost price, insufficient working capital, large amounts of receivables, a significant share of material costs in the structure of operating rooms, which forms a dependence on working capital and the settlement system at enterprises.