Critical values of these criteria have essential differences in various organizations. Therefore they are developed by the management for the separate organization after accumulation of certain data for a number of the periods.
Refer criteria and indicators which adverse values do not give the grounds to consider the current financial state as critical to the second group, but under certain conditions or rejection of the appropriate measures the situation can sharply worsen. Enter number of such criteria and indicators:
On other ratios the specified restrictions are carried out. Therefore, the organization is capable to pay off on payments of the near-term and remote outlook with some financial stock on condition of timely calculations with debtors taking into account possibility of use of liquid assets for these purposes.
And poor-selling assets — articles of the section I of an asset of balance except for the long-term financial investments included in the previous group. Here also investments join in authorized capitals of other enterprises expelled from the previous group.
If in structure of liquid means, except the previous indicators reflected in numerator to include also long-term receivables and stocks minus expenses of future periods, their relation to short-term obligations will make the coefficient of the current liquidity (CCL) or coefficient of a covering. It is called still the general coefficient of a covering. It is equal to the relation of cost of all current (mobile) assets of the organization to the size of short-term obligations:
Comparison of slowly realized assets with long-term and medium-term liabilities shows perspective liquidity. Perspective liquidity reflects the forecast of solvency on the basis of comparison of future receipts and payments.
At simplicity of calculations, presentation of the received results, their sufficient informational content for adoption of administrative decisions the analysis of financial streams has essential shortcomings. It is difficult to plan:
Sizes of coefficients of the current liquidity and security with own means testify to satisfactory structure of balance. Therefore, we count solvency loss coefficient.
Compliance of degree of liquidity of assets and repayment periods of obligations in a passive is planned approximately therefore this scheme of the analysis of liquidity of balance is approximate. However, from the point of view of opportunities of timely implementation of calculations, the analysis which is carried out according to this scheme rather fully represents a financial state.
The coefficient of the current liquidity (covering) shows the payment opportunities of the organization estimated under a condition not only timely calculations with debtors and favorable realization of goods, but also sale in case of need of other elements of material current assets. Normal for it it is considered restriction:
The structure of balance is considered satisfactory when both from coefficients (the coefficient of the current liquidity (CCL) and coefficient of security with own means (TO)) satisfy to normal restrictions. If at least one of these coefficients does not satisfy to the set restrictions, the structure of balance is considered unsatisfactory.
The general indicator of liquidity of balance reflects the relation of the sum of all liquid enterprise assets to the sum of all payment obligations (both short-term, and long-term and medium-term) provided that various groups of liquid means and payment obligations are included into the specified sums with the weight coefficients considering their importance from the point of view of terms of receipt of funds and repayment of obligations. The importance determine by specific weight (to the relation of the relevant article to currency balance.
Critical liquidity too is lower than the set restriction. Therefore, the enterprise has not enough sum of the most liquid and fast-realized assets for a covering of its short-term obligations. And the short-term debt will not be extinguished fully during short-term revenues to accounts of the enterprise.