Stability of production and trading companies considering their economic security

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The economic security of any company depends on its solvency and financial stability. It is also affected by uneven economic development due to the global financial crises, the impact of the COVID-19 pandemic, increased competition from industrial and commercial companies, and military conflicts. Thus, it is necessary to assess the stability of companies as a basis for their economic security, taking into account the indicators of solvency and financial stability. The paper used systematization, comparative analysis, ranking, expert interview (in-depth interview), and Fishburne’s method. First, the scheme of ensuring the financial stability and solvency of production and trading companies is proposed. Second, the evaluation indicators system is developed, and the rating scale of stability of production and trading companies is determined. According to the results, evaluation indicators were formed; some were calculated according to companies’ financial statements and management accounting. Finally, to increase the efficiency of technical and economic parameters, areas for regulating the activities of companies and ensuring their stability were identified. According to an in-depth interview with experts, the sampled company received 69 points and corresponded to a sufficient level of stability. Factors that negatively affected the stability of companies’ activities include quality indicators, namely compliance with standards, company image, digitalization, compliance with corporate culture, and personnel management policy.

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    • Table 1. Coefficients of solvency and financial stability
    • Table 2. Indicators for assessing the stability of production and trading company
    • Table 3. Indicator value
    • Table 4. Score values of indicators
    • Table 5. Distribution of scores by levels (values)
    • Table 6. Rating scale of stability of production and trading companies
    • Conceptualization
      Anatolii Mazaraki
    • Formal Analysis
      Anatolii Mazaraki
    • Project administration
      Anatolii Mazaraki
    • Supervision
      Anatolii Mazaraki
    • Data curation
      Tetiana Zubko
    • Funding acquisition
      Tetiana Zubko
    • Investigation
      Tetiana Zubko
    • Methodology
      Tetiana Zubko
    • Resources
      Tetiana Zubko
    • Software
      Tetiana Zubko
    • Validation
      Tetiana Zubko
    • Visualization
      Tetiana Zubko
    • Writing – original draft
      Tetiana Zubko
    • Writing – review & editing
      Tetiana Zubko