Home  Journals  Economic Analysis: Theory and Practice  9(138) – 2009 March

Financial Condition Analysis for Sugar Beet Processing Sector in Kursk Territory

Available online: 18 September 2009

Subject Heading: The financial analysis

JEL Classification: 

Within the business activities every sugar factory interacts with other related companies, beet-sowing and beet seeds centres, and with finance and credit organisations. Supplier, investor, creditor must analyse the financial condition of the company to decide whether the collaboration will be expedient. The need to analyse the accounting liquidity of beet-sugar related companies arises with the growing demand for financial resources and the need to assess the economic units credit capacity. One of the main and most eradicative methods of a beet-sugar factory financial recovery is the in-house reserves study designed to increase the company profit and breaking-even by means of a more comprehensive use of the company productive facilities, improving the sugar quality and competitive ability and its derivatives, minimising the ready product net cost, reasonable use of material, labour and financial resources, reducing the unproductive expenses and losses. The analysis must provide data to build a general financial strategy on and to create a business plan for the given beet-sugar factory financial recovery. Marketing analysis of demand and offer, target markets, and building an optimal products range and production process based on these data can be a advantageous support. The problem of sugar-beet related companies' financial solvency can be solved by means of credits and investments attraction.

Keywords: indicator, profitability, finance, stability, use, money, resources, liquidity, solvency, balance, enterprise, reputation, sources, acceleration, turnover, improvement, resource-saving, re-engineering

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ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

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