Diagnostics of bankruptcy of an enterprise and measures to improve the efficiency of its activities

1.

FINAL QUALIFYING WORK
"DIAGNOSTICS OF BANKRUPTCY OF AN
ENTERPRISE AND MEASURES TO IMPROVE
THE EFFICIENCY OF ITS ACTIVITIES"
A student of the 4th year of full-time education
areas of study 38.03.01 Economics
orientation (profile)
Finance, money circulation and credit
Lisitsyn Mikhail Evgenievich
Head: Candidate of Economics, Associate Professor
Merkulova Natalia Sergeevna

2.

The purpose of the final qualification work is to
develop recommendations for improving the
methodology for assessing potential bankruptcy
and the formation of ways to develop a specific
enterprise.
The object of research in the performance of the
final qualification work is the financial stability of
the enterprise and the possibility of its probable
bankruptcy, the subject is approaches and
methods of studying the indicator of financial
stability of the enterprise.

3.

The main stages of diagnosing the probability of bankruptcy of an
enterprise
1. Building a comparative analytical balance sheet of an
enterprise and evaluating the financial structure of the
balance sheet
2. Assessment of the liquidity of the balance sheet and
solvency of the enterprise
3. Assessment of financial stability and determination of the
type of financial situation
4. Determination of the probability of bankruptcy using
special methods

4.

Assessment of bankruptcy diagnostics for
Gazprom Mezhregiongaz Kursk LLC
Name of the model
The threshold
value of the
integral indicator
2020y.
2021y.
2022y.
Altman's five-factor
model
Z 2,99
5,8952
6,3387
5,7036
The Taffler Model
Z 0,3
1,6918
1,7834
1,7011
The Fox Model
Z 0,037
0,1446
0,1506
0,1468
The Zaitseva model
K 1,5
1,5983
1,3989
4,0139
R 1,0
0,8057
1,0332
0,6924
The Saifullin–
Kadykov model

5.

Indicators characterizing the state of accounts
receivable of Gazprom Mezhregiongaz Kursk LLC
Indicator
2020y.
2021y.
2022y.
Accounts receivable, thousand
rubles.
851067
1209671
1700911
Revenue, thousand rubles.
10827000
12317498
12993700
Turnover ratio of accounts
receivable, times
12,7
10,2
7,6
Turnover period of accounts
receivable, days
28,7
35,8
47,7

6.

A comprehensive scheme of effective interaction between the territories
of urban agglomerations and resource-supplying organizations
Resource-supplying
organizations
Developers (developers)
Municipal authorities
Comprehensive program for the development of engineering and communal
infrastructure systems: - targeted investment programs of the municipality
- investment programs of resource-supplying organizations
- measures to ensure energy efficiency and control
Adjustment of territorial planning taking into account the prospective development of the
main elements of infrastructure facilities
Analysis of the actual availability of engineering
and financial resources
Cooperation with the
developer, technical
connection to the networks
Construction of missing
infrastructure facilities (budget
financing)

7.

The following is expected to be the areas of increasing
the efficiency of Gazprom Mezhregiongaz Kursk LLC:
- conducting financial analysis from the perspective of
assessing the probability of bankruptcy based on an
integrated approach, taking into account various
factors of industry and market conditions;
- strengthening financial discipline in relation to
consumers of services by increasing control over
payment discipline;
- participation in urban development programs through
interaction with local authorities and management.

8.

The report is over, thank you for your
attention!