Ensuring the efficient use of the total capital of agricultural organizations in the region

The issues of ensuring total capital use efficiency by the organizations in the agricultural sector have always been and still remain the focus of scientists’ attention, since while developing the economic strategy of the enterprises, it is necessary to pay attention to the synergy of the combination of factors of production, to the provision of the fixed and circulating assets, to the structure of assets, which manifests itself in a practical aspect, such as in increasing profitability and profitability of economic activity. The purpose of the author's research is to reveal the dependence of the total capital use efficiency on the values of indicators of the financial condition of the agricultural organizations in the region. Using traditional methods of processing economic information, the profitability ratio of the total capital, interpreted in the scientific community as an integrated indicator including the estimated components of all the aspects of the economic activity, was calculated; the agricultural organizations of the Orel region were distributed according to the level of the total capital use efficiency; a retrospective assessment of this indicator in dynamics was given. To identify the dependence of the values of the efficiency use ratio of the advance capital on the factors that ensure their high or optimal values, statistical groupings were done. The dependence of the profitability ratio of total assets on the degree of provision with own circulating assets, the values of the current liquidity ratio, capital productivity of the fixed assets, turnover ratios of circulating assets and the ratio of equity and debt capital is established. The author's position on the need to take into account objectively the importance of the main factors of agricultural production, including indicators of financial condition, is indicated, which will ensure sustainable development of the agricultural production and increase the efficiency of management. Practical recommendations can be used when conducting financial monitoring of the agricultural organizations in the regions of the Russian Federation.