Financial stability and solvency as a factor of ensuring the stability of the enterprise

The principle of efficiency of any organization is to achieve an increase in profits in the course of its activities. Efficiency is quantitatively measured by comparing the result obtained in the production process and the costs of living and materialized labor to achieve it. Economic efficiency is directly related to the financial stability of the organization. The relevance of the issue of analysis and assessment of financial stability and solvency is quite important in the system of studying the financial condition of an organization, because its stability and sustainable development is a condition for further improvement and increase in performance indicators. The results of the study suggest that financial condition is the ability to provide the enterprise with the required resources for its successful operation. It should be characterized by a sufficient amount of financial resources and the ability to use them correctly.