FINANCIAL STABILITY OF AN ENTERPRISE AND ITS EVALUATION CRITERIA
According to researchers, the main component of company’s overall sustainability is company’s financial stability. Its assessment indicator is important due to the fact that it can reflect excess of revenues over expenditures. Steady operation along with the development pace of the given economic branch is of prime importance both for domestic and foreign companies. It is universally known that economic growth of any country is based on the successful development of entrepreneurship. Based on the analytical review, we consider the economic essence of the notions of financial stability and solvency. These categories are interrelated and cannot be considered separately because a financially stable enterprise is always solvent. The paper proposes the authors’ definition of financial stability and identifies the indicators of financial stability and solvency (absolute liquidity ratio, quick ratio, current liquidity ratio). We also substantiate the importance of the research on enterprise sustainability in crisis times