Assessment of the financial sustainability of the organization

The key to reducing the impact of the global pandemic on the development of the national economy is to ensure sustainable business development. The high frequency of crisis situations in the Russian economy, accompanied by a decline in production, loss of business solvency, necessitates in-depth research in the management of a firm's financial stability as a fundamental factor that is important for GDP growth. The impact on the level of financial stability of a company is one of the most important economic problems in modern conditions, since an excessively low level of financial stability can lead to the insolvency of an economic entity and lack of funds for the development of production, and an excessively high level will hinder its development, burdening costs enterprises with surplus stocks and reserves. These circumstances determine the need for a conceptual improvement in the management of the financial stability of the company in terms of conditions, resources and factors, limitations and opportunities. [2, c. 238]