Diagnostics of bankruptcy of enterprises in the construction industry and development of measures to improve financial sustainability

The article analyzes the probability of bankruptcy of construction enterprises in respect of which various bankruptcy procedures have been initiated. The analysis was conducted in accordance with the Rules for conducting financial analysis by an arbitration manager established by the legislation of the Russian Federation. The results of the study revealed that the individual coefficients characterizing the activities of enterprises differ from each other. It depends on the procedures initiated with regard to them in bankruptcy cases. Another result of the study is the identification of the basis for the introduction of the receivership proceeding. Measures to improve the financial sustainability of the analyzed enterprises were proposed.