Analytical substantiation of the place of current assets in the Dupont model

This scientific article presents the material aimed at the study of the American model of evaluation and analysis of profitability indicators – DuPont model, which was developed by specialists of a similar company at the beginning of the last century. We have revealed its essence, considered options of representation of this model, having found out that there are three campaigns (two-factor, three-factor and five-factor), and also have designated its advantages and shortcomings. At the same time, we came to the conclusion that despite its shortcomings, the DuPont model takes its place in the system of analysis of financial indicators and can be used in practical calculations, which explains its popularity. According to the results of the study, we found that the developers of the DuPont model did not take into account the place of current assets in it, which is a significant drawback of the calculations, given the invaluable role of current assets in the activities of an economic entity. We decided to correct this omission and presented in the article a modified two-factor model DuPont, which in addition to current assets, takes into account their share in the assets of the enterprise. The results have signs of scientific novelty and can be applied in practice.