Audit and economical analysis

Actual order of the enterprise's creditworthiness assessment

Option	Content model	Indicators	Db	Do	The difference
The mode used	An and qualify for the credit analysis of a secular form	Coefficient of coefficient	2.075	1,754	-0.321
		Liquidity coefficient	1.020	1.187	0.167
		Equity funding (independence coefficient)	0.586	0.417	-0.169
		Availability of own working capital (NSOS)	2 201 552	9 835 046	7 633 493

Conclusion: The coefficient of the coefficient of the enterprise was 2,075 at the beginning of the period and 1,754 at the end of the period. That is, the rate of coefficient of coefficient has dropped dramatically.

Liquidity coefficient increased from 1.020 to 1.187.

Equity provision ratio was 0.586 at the beginning of the period and 0.417 at the end of the period.

The amount of working capital compared to the beginning of the period 7 633 493 thousand UZS. This is definitely a positive thing.   

Table 163

Comprehensive analysis of the enterprise's creditworthiness

Option	Content model	Indicators	Db	Do	The difference
Comple analysis	Corporate liquidity indices	Current liquidity coefficient	3.906	6.352	2.446
		Quick liquidity coefficient	1.039	1.193	0.154
		liquidity coefficient	0.371	0.641	0.270
		Balance liquidity	0.546	0.825	0.279
	Analysis of corporate capital flows	Indicators of current assets of the enterprise	1.12	0.44	-0.68
		Indicators of receivable debts of the enterprise	6.68	2.14	-4.54
		Indicators of debtor debts of the enterprise	4.41	2.81	-1.60
		Turnover of commodity stocks	4.10	4.94	0.84
	Analysis of efficiency of enterprise activity	Current Assets Profitability Index ( ROA )	17.0	8.3	-8.7
		Private Equity Performance Indicators (ROE)	6.5	9.6	3.1
		Sales Profitability Index (ROS)	26.3	38.3	12.0
	Financial stability  indicators analysis	Independence coefficient	0, 586	0, 417	- 0, 16 9
		Correlation between debt and equity	0.70	1.39	0.69
		Private equity coefficient	0.28	0.97	0.69

Conclusion: Current liquidity ratio at K orphanage increased by 2.44% compared to the beginning of the period, liquidity ratio increased to 0.154, absolute liquidity increased to 0.270. The balance sheet has increased by 0.279 compared to the beginning of the period.

Thus, the turnover of current assets decreased to -0.68, turnover of accounts receivable -4.54, turnover of credit liabilities - 1.60. The turnover of brand material reserves increased from 4.10 to 4.94.

The corporate profitability rate decreased to 8.7% compared with the previous year, while private equity profitability increased by 3.1% compared to the previous year, and sales profitability increased by 12.0%.

The independence of the enterprise has dropped from 58.6 percent to 41.7 percent in the previous year. The ratio of debt and equity ratios increased from 0.70 to 1.39. This indicates a sharp increase in the amount of loans and borrowings in the current period. Private equity ratio increased from 0.28 to 0.97.

Undertaking non-financial indicators are as follows: the client's reputation in the market; character of the client; target areas of credit; security (pledge); loan repayment terms and so on.

Developed countries are widely used in banking, "6S", "CAMPARI" and "RARTS" models.

Table 164

International Financial Assessment in Credit Evaluation and their classification

Characters	What does it mean?	Description
"6 C" method
C	Character		Reputation is the customer's character
C	Capacity		Opportunities
C	Cash		Cash
C	Collateral		Guarantee
C	Conditions		Terms
C	Control		Control
" CAMPA RI " method
C	S character		P eputa, character of the client
A	Ability		The ability to repatriate redit
M	Margin		M arcade, profitability
P	Purpose		K reditlarning ma q y Sadler o'nalishlari
A	Amount		Reading the amount of K
R	Repayment		K REDI Return Policy
I	Insurance		T security, risk of default
The "RARTS" method
P	Purpose		Purpose of the loan
A	Amount		Amount of debt
R	Repayment		KREDI Return Policy
T	Term		Loan period
S	Security		Accomplishment of loan repayment

 

These models allow you to make the most appropriate decisions in assessing the creditworthiness of enterprises as they involve many parameters.

 

Assessing the reliability of the enterprise 

The following methodology is based on the assessment of the reliability of enterprises, based on the available analytical resources, and all commercial banks can use their credit policy to manage their business.

This method is consistent with existing legislation norms, procedures, and, most importantly, general requirements for the formation of the information required for analysis.

The main focus of this is to evaluate whether or not corrupt companies have reliable sources in the years to come, and that financial crises do not go into difficulties, bumps and breaks, and that they are reimbursed.

Legitimate valuation rules include the following: First of all, it is necessary to evaluate its comprehensive financial position, its expectations, based on the financial statements published and published by the enterprise. Especially the stock of companies, which are traded on the stock exchange or the stock exchange, attention should be stock market stock market and the market situation of .

The most important findings in assessing enterprise reliability are also outlined based on the results of adjusted coefficients based on the financial data.

According to the express analysis, the effectiveness of the enterprise, financial soundness, change in the profitability rate per one share of reliability; stock price change; Depending on the amount of dividends, the reliability of the enterprise can be summarized.

In turn, regular study of dividend rates of companies and joint-stock companies is not only a matter of regulating credit lines of these enterprises, but also changes in the bank interest rates, and setting credit conditions, as well as determining financial management strategies.

The analysis focuses on the relationship between dividends and interest rates on bank deposits placed on shares of enterprises.

In international practice, the following categories are the proportion of their relationships.

1. 
   When the dividend on the shares exceeds 20% of the outstanding deposit, the company's investment attractiveness is considered the highest.
   
2. 
   When the dividend on the shares is less than 20 per cent of the outstanding deposit, the company's investment attractiveness is relatively low.
   
3. 
   Where the dividend on shares does not exceed the rate of returnable deposit, the company's investment attractiveness is assessed as absent
   
4. 
   If the dividend on the shares is less than the returnable deposit, and the interval between them exceeds 20%, the company's operating effectiveness is assessed as a pass and can not be invested (long-term investments can be considered as exception);
   
5. 
   In the absence of payment or payment options, these companies are considered to be bankrupt in the event of a crisis.
   

In assessing the reliability of enterprises, their financial position and effectiveness are also of considerable value. The rating evaluation practice requires that the above indicators be sorted by category.

Concentration and decentralization are also carried out by financial coefficients.

Financial Coefficients can be developed in the following categories:

The K1 category includes enterprises with a high level of financial performance (liquidity, capital structure, profitability and turnover) with a high net worth of industry - reliable, financially stable, attractive, affordable, quality management companies.

Liquidity and equity capital in the K2 category is higher than the average indices, but profitability and turnover indicators are below the average industry index. Such businesses are considered to be financially stable, but investment attractiveness and productivity management are considered low.

The K3 category is high for all indicators of liquidity, but for the rest of the financial indicators, enterprises with moderate state data are included. Such companies are short-term, but are poorly funded, with low investment attractiveness and high quality management.

Entities with current solvency but not fast and non paying capacity in the category of K4 are included in companies with very low indicators of the average index of the group of the financial coefficient. Such businesses are considered as enterprises at the start of the boncotic business.

Category K5 - Enterprises with current creditworthiness of less than or equal to 2, with improper results for all other financial indicators. Such companies are recognized as a boncot or crisis enterprises.