Optimizing the Finance Structure of Capital at Commercial Organization

Autor: Yu. S. Ermakova
Jazyk: ruština
Rok vydání: 2021
Předmět:
Zdroj: Вестник Российского экономического университета имени Г. В. Плеханова, Vol 0, Iss 5, Pp 53-63 (2021)
Druh dokumentu: article
ISSN: 2413-2829
2587-9251
DOI: 10.21686/2413-2829-2021-5-53-63
Popis: In conditions of limited finance resources building optimum finance structure of capital is considered the most important objective, as the availability of the necessary amount of own funds can provide finance sustainability of the organization, the potential to meet timely liabilities to creditors, finance and develop new lines of work. However, any resources (both borrowed and own) have value, as they can be invested into the profitable investment project. It is obvious that the finance structure of capital can influence indirectly the level of organization profit, as in other expenses interest costs or interests payable are shown. Therefore, it is necessary to build such a correlation of own and borrowed sources, which can provide the max profit for the enterprise. As tools for building such a correlation the article proposes methods of mathematic modeling and, namely, the correlation analysis to find the interconnection between the dependent variable, i.e. work profitability and different factors - a share of own and borrowed funds. On the basis of this interconnection regression equation was built, which allows us to find out how the amount of net profit changes with a certain correlation of own and borrowed resources. The analysis was carried out based on published finance reports of the limited company ‘Gazprom Bureniye'.
Databáze: Directory of Open Access Journals