scholarly journals ANALYSIS OF MACHINE-BUILDING ENTERPRISES TO ENHANCE CAPITAL BUDGETING IN CURRENT CONDITIONS

Author(s):  
A. Makarenko

An integral assessment of the production capacity of several machine-building enterprises, which includes their financial position analysis, is performed in the article. The methodological basis for determining the integral indicator of the financial position is a method of multifactorial discriminatory analysis. Five classes assigned based on the level of financial position range from the highest level of capacity to meet obligations and the lowest probability of default to the lowest level with a high probability of default. The analysis shows that the financial independence ratio exceeds the critical value for 60% of enterprises, 40% pay off debt in time and their financial risk ratio value is close to industry standard, 20% entities encounter problems with paying off current debt. In general, according to the results of integral assessment of the considered enterprises production capacity, over 60% of the entities belong to the first class, 20% - each to the fifth and second classes. These results serve as an input in the development of required rate of return assessment model to enhance capital budgeting at machine-building enterprises.

2021 ◽  
Vol 2 (3) ◽  
pp. 124-129
Author(s):  
Vladyslav Yakovlev ◽  
Olena Druhova

The purpose of the article is to study the management of production potential of machine-building enterprises in the Kharkiv region, 9 enterprises were analyzed and their production indicators were studied. The effectiveness of the production potential is characterized by production, technological, financial and innovative components. It should be noted that since the production potential is a component of the economic potential of the enterprise, the structure presented in Fig. 1 is quite conditional. If we consider the production potential from this point of view, then, for example, its innovative component is inextricably linked with the innovative potential, and the financial component – with the financial potential. Sustainable development and competitiveness of an industrial enterprise depends on the level of production potential, which is the foundation of production activity. The production potential of an industrial enterprise is a complex, dynamic and stochastic system consisting of a number of interconnected components. At the legislative level, an attempt has been made to build a single model of an integrated indicator of the financial condition of large, medium and small enterprises. According to the approved IFI Procedure for assessing the financial condition of a potential beneficiary of an investment project, the level of financial condition of the enterprise is determined depending on the value of the integrated indicator, which allows the classification of enterprises in the industry or region. At the same time, questions about the structure of innovation potential remain controversial in the scientific literature. The development of an integrated module for the assessment of production potential is the first stage of the presented methodological approach. The next step is to improve the information subsystem of monitoring the financial and economic activity of industrial enterprises, which in turn is an integral part of the IT system of enterprise management. At this stage, it is necessary to develop software that provides analysis and comprehensive assessment of production capacity. After integrating the software module with IS monitoring, we have to test the software using the collected database on the financial and economic activity of the enterprise. Comparing the results of the assessment with the assessment from the analytical reports of independent experts will allow to determine the level of adequacy of the presented model and software. Methodology. The analysis was conducted on the basis of financial statements of enterprises of the machine-building industry of Kharkiv region for the period 2018, 2019, 2020. Results of the study show that the enterprises of the machine-building industry have low indicators of production potential, so enterprises need to change the strategy in the market to improve production capacity to increase competitiveness and improve. Practical implications. Given that companies have lost traditional markets in recent years and products are not in high demand in European markets, it is necessary to develop ways to improve the management of the potential of machine-building enterprises, seek new markets and strengthen cooperation with international companies. Value/originality. The study will help the management of enterprises to more effectively manage the enterprise and improve their production capacity.


Author(s):  
Andrey V. Melentyev

Introduction. One of the leading causes of occupational health loss, especially in mining and machine-building enterprises, is the combined impact of industrial noise and vibration. The wide prevalence of cardiovascular diseases is one of the most important medical and social problems, due to persistent disability and high mortality, bringing prevention of health disorders to the first place as the basis for preserving labor longevity. The aim of study is to identify the main approaches aimed at preventing health problems in workers who come into contact with vibration and noise at mining and machine-building enterprises. Materials and methods. A survey and survey of 296 industrial workers was conducted. Group 1 (160 people) included men who were exposed to noise and vibration factors above the maximum permissible levels, group 2 consisted of 136 men who did not have direct contact with noise and vibration generating equipment. When conducting an in-depth laboratory and instrumental examination in a hospital setting, all workers additionally calculated the level of cardiovascular risk on the SCORE scale. Statistical analysis was performed using the software package "Statistica 6.0". Results. It is determined that the priority adverse factors of the working environment in production are noise and vibration. It has been shown that individuals who come into contact with these factors are more likely to detect violations of lipid metabolism and endothelial function, have a higher average heart rate and systolic blood pressure, and have an increased risk of developing cardiovascular diseases. Conclusions. Taking into account the obtained results of the proposed diagnostic approaches aimed at the prevention of health disorders among workers of industrial enterprises. If employees are found to have an increased cardiovascular risk, it is necessary to conduct a more in-depth examination and timely medical and preventive measures.


2020 ◽  
Vol 1 (4) ◽  
pp. 102-105
Author(s):  
V. A. BORODIN ◽  
◽  
А. I. GALUSHKINA ◽  
E. A. NAGAEVA ◽  
◽  
...  

The article deals with the assessment of the economic condition of machine-building enterprises . Three major automotive companies were considered as the object of research. Profitability indicators were adopted as the main evaluation indicator. To assess the economic efficiency of enterprises, a formula is proposed that takes into account the weight of its components.


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