Net working capital as an indicator of a machine-tool enterprise's liquidity

At present, the importance of the machine-building industry in the Russian economy does not cause anyone to doubt. At the same time, the process of improving machine building activates the development of machine-tool construction, since high-tech production equipment produced by this segment of machine-build-ing ensures the growth of the country's production potential. Development of machine-tool production can be considered promisingif based on extensive theoretical knowledge, accumulated experience, creation and implementation of innovative technologies, efficiently man-aged assets and capital of the machine-tool enterprises. At the present stage of development of the domestic economy, when the possibilities of raising borrowed funds to finance the working capital of machine-tool manufacturing enterprises have been substantially lim-ited, working capital management becomes that sphere, insufficient attention or unqualified management of which can cost the organization too much. This article reviews a role of and approaches to management of net working capital of machine-tool building enterprises.