Wasilewski, Mirosław; ORCID: 0000-0001-6791-5713 (Warsaw University of Life Sciences – SGGW, Poland)
Zabolotnyy, Serhiy; ORCID: 0000-0003-4701-0495 (Warsaw University of Life Sciences – SGGW, Poland)
The Enterprise’s Financial Condition Assessment as a Component of its Creditworthiness
Zeszyty Naukowe SGGW w Warszawie - Problemy Rolnictwa Światowego, 2018, vol.18(33), nr 4, s. 493-503
Słowa kluczowe
financial condition assessment lending to enterprises credit history liquidity debt business activity profitability
Key words
financial condition assessment lending to enterprises credit history liquidity debt business activity profitability
JEL Classification
Streszczenie
The article covers aspects of financial condition analysis regarding creditworthiness of Ukrainian agricultural enterprises that had to operate in unstable economic conditions in 2009-2017. It is proposed to improve methodological approaches to financial assessment of an enterprise – a potential borrower, due to changes in the economy, in particular in the financial sector, which have been influenced by crises that have shaken the Ukrainian economy twice in the past ten years. The proposed approaches to assessing the financial condition of an agricultural enterprise as a component of its creditworthiness increase the accuracy and credibility of such assessments and help to minimize credit risks.
Abstract
The article covers aspects of financial condition analysis regarding creditworthiness of Ukrainian agricultural enterprises that had to operate in unstable economic conditions in 2009-2017. It is proposed to improve methodological approaches to financial assessment of an enterprise – a potential borrower, due to changes in the economy, in particular in the financial sector, which have been influenced by crises that have shaken the Ukrainian economy twice in the past ten years. The proposed approaches to assessing the financial condition of an agricultural enterprise as a component of its creditworthiness increase the accuracy and credibility of such assessments and help to minimize credit risks.