The Taxonometric Approach in Estimation of Financial Stability of Sugar Industry Enterprises

The article is aimed at studying the existing methodical approaches to estimation of financial stability, and also developing and approbation of taxonomic indicator of its estimation at the enterprises of sugar industry of Ukraine. The basic scientific-methodical approaches to estimation of financial stability of enterprises are analyzed and their characteristic features are defined. The taxonomic approach has been applied to carry out an integrated estimation of financial stability. The article defines the groups of indicators, on the basis of which the integral estimation of financial stability of enterprises is carried out: solvency, profitability, production stability, and financial stability indicators as such. The taxonomic indicator of financial stability of sugar industry enterprises of Ukraine was calculated and the dynamics of its change for the period of 2009–2016 was analyzed. The main factors having direct influence on the level of financial stability of the enterprises of the researched industry are defined