Analysis of liquidity and solvency of enterprises in the petrochemical sector of JSC "TAIF"

Economic stability and solvency in a market economy are considered important features of a company's financial performance. An organization has superiority over other organizations of an identical profile if it can be considered solvent, financially stable and liquid. She becomes a favorite for large investments. The organization will easily receive loans, will be able to interest highly qualified employees. Also, the organization will not have conflicts with the state. she will not have disagreements with society, since taxes will be paid to the state budget on time. Thanks to the liquidity of the enterprise, employees will not have salary delays, shareholders will receive their dividends on time, and loans and interest on them will be returned to banks in accordance with the agreement. It is believed that an organization with high resilience does not fall under the influence of unexpected changes in the market, which helps to reduce the risks of bankruptcy.