Financial analysis of the oilfield service company jsc makhsusenergogas

Аннотация

This article comprehensively examines the financial condition of Makhsusenergogas JSC and provides an assessment of its activities. The analysis procedures carried out will serve the company in preventing risks and in confidently expanding its activities. The conducted analysis is distinguished by the fact that the field of activity of this industry is different from others and has its own characteristics, since the main activity of the oilfield service company JSC Makhsusenergogas is construction and installation work, laying of gas pipelines, installation and dismantling of equipment used in the work of oil and energy companies. Keywords: Financial condition, balance sheet currency analysis, profitability, liquidity, construction and installation work. affecting its functioning in conditions of market Introduction: Currently, in our country, as well as all uncertainty. over the world, there is a need to conduct a comprehensive analysis of enterprises in order to Determining the financial condition of an enterprise at determine their financial condition and assess it. Thus, a specific reporting date is a comprehensive Resolution of the Cabinet of Ministers of the Republic assessment of its property and financial situation based of Uzbekistan, dated July 28, 2015, No. 207 "On the on the principles of a systematic and integrated introduction of criteria for evaluating the effectiveness approach. This analysis makes it possible to identify the of joint-stock companies and other economic entities structure and dynamics of assets and liabilities, the with State ownership" and Resolution of the Cabinet of level of liquidity and solvency, the degree of financial Ministers of the Republic of Uzbekistan, dated stability, as well as the effectiveness of the company's December 14, 2018, No. 1013 "On measures to resource management. The research results serve as radically improve the system of financial rehabilitation the basis for the development of strategic management of enterprises with state participation" serve as a kind decisions aimed at ensuring long-term economic of tools for execution of these actions. Having stability and sustainable development in a changing determined their financial condition, organizations can macroeconomic environment.: be confident in their future and correct all the • how well the company managed its financial shortcomings of the past. The analysis of the financial resources during the period preceding this date; condition of an enterprise plays a critical role in a • how it used the property; comprehensive assessment of its economic stability and investment attractiveness. The purpose of this • What is the structure of this property; analysis is to identify dynamic trends in the economic • how efficiently did the company combine its own and development of an enterprise in the retrospective borrowed sources; period, to diagnose in detail its current financial and • how effectively did it use its own capital; economic situation, to make scientifically sound • What is the payoff? forecasts of the vectors of further strategic development, as well as to quantify and qualitatively The main types of analytical research of financial assess the level of financial and operational risks reporting data are: analysis based on a single database International Journal of Management and Economics Fundamental 50 https://theusajournals.com/index.php/ijmef International Journal of Management and Economics Fundamental (ISSN: 2771-2257) (vertical analysis), which is a structural study of the scientists. The classical works of Smith and J. financial performance of an enterprise in order to Schumpeter, which laid the theoretical foundation for determine the proportional ratio of reporting the study of economic processes, play a key role in elements. Within the framework of this approach, the shaping the foundations of efficiency analysis. The balance sheet items are transformed into relative concepts of M. Mescon, M. Albert and F. Hedowri in the indicators in relation to the total amount of assets, field of financial management emphasize the which makes it possible to identify the specific weight importance of a strategic approach to the management of each element in the formation of the property of industrial enterprises and their resources. potential of the enterprise. Similarly, the items in the The contribution of Uzbek scientists such as S.S. financial results report are expressed as a percentage Gulyamov, M.A. Ikramov, T.Z. Teshabaev and others to of total income, which provides a comprehensive the study of the specifics of the development of assessment of the profit structure and profitability of national industry and the adaptation of modern business activities. Such an analysis helps to identify methods of efficiency assessment in the context of the key financial imbalances, form the basis for national economy is important and significant. Their comparative analysis and make informed management w