Importance The article considers the issues of company's own and borrowed capital to finance the activities. Objectives The goal of the paper is to identify the current status and trends in the formation of funding sources by the Russian joint-stock companies. This relates to the determination of core capital elements, their dynamics over the years, and the structure. Methods We conducted the study using the materials of annual accounting statements of 250 public and 750 private joint-stock companies. To process and analyze the generated database, we used MS EXCEL. Results We analyzed the dynamics of total capital, equity's capital, long-term and short-term liabilities, as well as their relationship to the aggregate sources of financing in the context of individual groups of Russian joint-stock companies. Also, we defined a composition of the basic elements of debt and equity capital of public and private joint-stock companies and their dynamics over the study period. We estimated the structure of the entire financial resources, as well as individual sections of the liability balance. Conclusions and Relevance The composition and structure of the non-public stock companies' capital, unlike of the public ones, are inefficient and do not contribute to the development of these companies. Property of non-public joint-stock companies, on the two-thirds, is financed by borrowed capital, and short-term obligations finance half of it. The main element of short-term liabilities is payables, and the one of long-term liabilities is deferred tax liabilities.
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