Financial and economic evaluation of cash flows of the enterprise

Abstract

Introduction. The study of cash flows of the enterprise in today's conditions is impossible without the use of financial resources, among which a significant place is occupied by cash. Their receipt and use requires special control, as in case of violation of their direction will inevitably be an imbalance, which will lead to changes in the components of economic resources, technical equipment of production or financial dependence of the enterprise. A comprehensive analysis of the company's cash flows makes it possible to conduct their financial and economic diagnosis and highlight performance indicators. All this highlights the importance of systematizing our knowledge in the field of cash flows with an emphasis on key aspects.

Purpose of the article is to conduct a financial and economic assessment of cash flows of the enterprise, which will highlight the indicators of their efficiency.

Method (methodology). The research used such methods as logical, which allowed to analyze scientific works in the field of cash flows; analytical, which was used to analyze and evaluate cash flows in the enterprise; graphical, which allowed to interpret the results in a time range.

Results. It is concluded that the theoretical research of the main aspects in the direction of cash flows is insufficient. In our opinion, the inaccuracy of the definition of "cash flows" contributes to a misunderstanding of their essence, which comes down to identifying them with the concept of "cash", and therefore a diagonal between these definitions. The necessity of financial and economic diagnostics of cash flows at the enterprise is substantiated. The main directions of cash flow depending on the activities of the enterprise, in particular in terms of operating, financial and investment activities of the enterprise. Indicators of cash flow efficiency of the enterprise are singled out. The unevenness of the company's cash inflows in terms of certain activities of the company, as well as a significant dependence of the company on borrowed funds. It is established that the practical aspects of the study of cash flows require further study in the direction of cash flow planning of enterprises in a changing environment.