METHODICAL TOOL FOR ASSESSING THE EFFICIENCY OF CURRENT ASSETS OF THE ENTERPRISE

DOI №______

Abstract

The article is devoted to the research of theoretical aspects of the estimation of the efficiency of using circulating assets of enterprises with the purpose of substantiation of directions of expansion and improvement of its methodical tools. The actuality of the method of estimating the efficiency of working assets on the basis of financial coefficients is analyzed, which is most widely used in the theory of financial management and practice of economic activity of enterprises. It is shown that only the coefficients of efficiency of capital and business use correspond to the classical understanding of efficiency in the context of estimating the use of working assets. It is substantiated that taking into account the specifics of certain elements of current assets it is expedient to use other methods of valuation, in particular, the method of discounted cash flows. It has been determined that in order to ensure the validity of making managerial decisions, consideration of certain methodological requirements is important in the process of analysis. The most significant among them is revealed.

Key words: assets, current assets, financial resources, management, evaluation of efficiency, method of financial coefficients, discounted cash flow method, enterprise.

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