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The Financial Sustainability of Consumer Cooperation Enterprises of Ukraine in the System of Management of its Financial Resources
Сhuy I. R., Andreikiv T. Y., Mutyan I. Y.

Сhuy, Iryna R., Andreikiv, Tetyana Ya., and Mutyan, Ivanna Ye. (2021) “The Financial Sustainability of Consumer Cooperation Enterprises of Ukraine in the System of Management of its Financial Resources.” Business Inform 3:162–170.
https://doi.org/10.32983/2222-4459-2021-3-162-170

Section: Finance, Money Circulation and Credit

Article is written in Ukrainian
Downloads/views: 4

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UDC 658.15 (477)

Abstract:
The article is aimed at examining the essence of financial sustainability and financial reliability of consumer cooperation enterprises in Ukraine. The structure, sources of formation, directions of use and efficiency of use of financial resources in consumer cooperation are considered. To study the coefficients of financial sustainability, the division of capital by sources of formation and terms of use is provided. To assess long-term financial sustainability, the following indicators are proposed: working capital level; coefficients of financial independence, long-term financial independence, provision of own circulating capital; level of financial reliability. In the process of analyzing the capital structure of Ukrainian enterprises in general and consumer cooperation in particular, is identified: higher financial sustainability of enterprises and organizations of consumer cooperation; lower dependence on short-term loans and other funds attracted for the short term; higher level of working capital and profitability of activities, despite the financial and economic crisis of 2014-2015. Prospects for further research in this direction are to determine the levels and indicators of financial equilibrium of enterprises, in particular, the balance of positive and negative cash flows by volume, and the optimal combination of the levels of both profitability and risk.

Keywords: financial sustainability, long-term financial sustainability, financial reliability, financial resources of consumer cooperation enterprises, financial resources management, equity, fixed capital.

Fig.: 4. Tabl.: 2. Bibl.: 16.

Сhuy Iryna R. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Credit and Insurance, Lviv University of Trade and Economics (10 Tuhan-Baranovskoho Str., Lviv, 79005, Ukraine)
Email: [email protected]
Andreikiv Tetyana Ya. – Candidate of Sciences (Economics), Associate Professor, Department of Finance, Credit and Insurance, Lviv University of Trade and Economics (10 Tuhan-Baranovskoho Str., Lviv, 79005, Ukraine)
Email: [email protected]
Mutyan Ivanna Ye. – Student, Lviv University of Trade and Economics (10 Tuhan-Baranovskoho Str., Lviv, 79005, Ukraine)
Email: [email protected]

List of references in article

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