Stability of financial condition as the necessary condition of effective corporate activity

The article reveals the notion of a company's stable financial condition regarding its ability to develop itself, competitiveness and potential in business cooperation. The main stages of assessing the financial condition of the company are singled out, and the significance of this analysis is determined both for investors and for the owners of the enterprise. At the same time, a special role is given to the timely identification and elimination of deficiencies in financial activities, as well as the search for reserves to improve the financial condition that is necessary for further effective corporate activity.