The paper is devoted to questions related to financial analysis’s graphical method development, the necessity for which has arisen from organizations management need in the objective and comprehensive information on these organizations’ financial status. The offered graphic way of book-keeping report indices visualization as a special diagram hereinafter called the balancegram allows estimate organization’s financial status in general, and the special balancegrams for each object allow make it even by those managers who had not a special financial training. Performance evaluations of financial analysis objects have been presented graphically in this paper, as well as a graphical correlation of factor indicators for the absolute, normal, acceptable low, unacceptably low degrees of organization’s financial solvency and insolvency. Factor indicators are noncurrent assets, stores taking into account the input value added tax, including not for sale part of stores, permanent capital, normal sources of work equipment and stocks. For credit rating a graphical ratio of factor indicators for the absolute, sufficient, low degrees of solvency and insolvency has been presented. Discounting assets ( which are the sum of monetary resources and short-term financial investments, half of accounts receivable’s total value, third part of stores taking into account the input value added tax, income-bearing placements and long-term financial investments) are posted in the left side of the balancegram. In the right side have been represented discounting liabilities consisted of amount of accounts payable, half of short-term loans (borrowings), one third of long-term liabilities. Also in the balancegram’s left side is given the division of discounted liabilities at quarters to determine the degree of solvency. Estimate of low, medium and high probability of bankruptcy has been presented by the ratio of main factor indices for assets and liabilities. Assets comprise monetary resources, short-term financial investments, stores taking into account the input value added tax, in particular the saleable part of the stores. Liabilities comprise the short-term ones. Graphic method is applied not only in real economy organizations, but also in private pension funds, and leasing companies.
organization’s finance management, graphical analysis, organization’s financial stability, liquidity, bankruptcy probability.
1. Bagrecova N.V. Mnogofaktornaja finansovaja ocenka lizingovogo proekta na osnove analiza finansovogo sostojanija: avtoreferat dissertacii [Multifactor fi nancial leasing project evaluation based on the analysis of fi nancial condition]. Moscow, GUU Publ., 2013.
2. Burova O.N. Sovershenstvovanie ocenki finansovogo sostojanija malyh organizacij v Rossijskoj Federacii [Improving the assessment of the fi nancial status of small business in the Russian Federation]. Moscow, GUU Publ., 2015.
3. Zhilkina A.N. Analiz fi nansovogo sostojanij a predprij atij a grafi cheskim metodom: Stat’ja [Analysis of the fi nancial condition of the company graphical method] Vestnik universiteta. Serija «Finansovyj menedzhment» [Bulletin of the University. A series of «Financial Management»]. 2001, I. 1(2).
4. Zhilkina A.N. Upravlenie finansami. Finansovyj analiz predprijatija [Financial management. A fi nancial analysis of a company]. Moscow, INFRA-M Publ., 2011.
5. Zhilkina A.N. Finansovyj analiz [Financial analysis]. Moscow, JuRAJT Publ., 2015.
6. Zhilkina A.N. Finansovoe planirovanie na predprijatii [Financial planning at the enterprise]. Serija «Biblioteka hozjajstvennogo rukovoditelja» [A series of “Library of the economic leader.”]. Moscow, Blagovest-V Publ., 2004.
7. Talykova A.A. Negosudarstvennye pensionnye fondy v Rossii: zakonomernosti razvitija i sovershenstvovanie upravlenija [Private pension funds in Russia: the patterns of development and good governance]. Moscow, GUU Publ., 2010.
8. Sheremet A.D. Metodika finansovogo analiza [Methods of fi nancial analysis]. Moscow, INFRA-M Publ., 2007.
9. Zhilkina A. Sorporate financial management: Graphical analysis of financial Liquidity - from company managing to manage of an interconnection word. NY, GBATA Publ., 2014.
10. Zhilkina A. Enterprise Financial Management Quality Control. Materialy 15-j ezhegodnoj mezhdunarodnoj konferencii IEEE «Nauka i praktika menedzhmenta 2008» (organizator Harbinskij tehnologicheskij institut, mesto provedenija Long-Bich SShA 10-12.09.2008) [Proceedings of the 15th Annual International Conference IEEE «Science and Practice Management 2008” (organized by the Harbin Institute of Technology, the venue Long Beach USA 10-12.09.2008)].
11. Zhilkina A. Graphical analysis of fi nancial stability in the corporate financial management. Materialy konferencii [Materials of the conference]. NY, GBATA Publ., 2013.
12. Zhilkina A. Rreventing bankruptcy as one of the possibilities for sustainable future growth in business and finance management. Materialy konferencii [Materials of the conference]. NY, GBATA Publ., 2014.
