The financial sustainability of enterprises of processing industry

Financial stability of the enterprise deserves special attention in the analysis of its financial activities, due to its direct impact on the economic security of the enterprise. The formation of a high level of financial stability of the enterprise is burdened by a number of problems that the management and owners of the economic entity must be immediately resolved in an unstable economic situation. Ensuring financial stability is one of the priorities of the enterprises of the processing industry, as it provides the company with a number of significant advantages over other economic entities in the industry, including competitors, in attracting investments, obtaining loans, in the independent and free choice of suppliers, as well as the ability to hire highly qualified personnel. An important advantage of a financially sustainable company is that it has the ability to timely and fully pay taxes to the budget, various social contributions, wages to its employees, dividends and interest on loans. The company will not enter into confrontation with either society or the state.