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THE ENTERPRISE CURRENT COMPETITIVENESS DETERMINATION
METHODOLOGY
Holboyev Umid
Samarkand Economy and service
institute teacher
Annotation
: Enterprise current competitiveness indicator into account received without this We
emphasize that the market under the circumstances enterprise achieved development level
reflection provider financial-economic of activity main results limited from resources of use
economic efficiency , as well as entrepreneurship of the subject financial stability .
Keywords
: profitability , operational efficiency , financial stability of economic resources and
the effective implementation of capital investments in the development of production compared
to competitors in the implementation of similar types of activities of an enterprise. Thus together ,
enterprise farm activity efficiency main principle of minimum costs with maximum to the results
is to achieve .
Farm driver subject efficiency the most general signs profitability and profitability . Profitability
of the enterprise him/her working release for necessary was assets , resources or per 1 soum of
investment product from sale fallen income in the form of income describes . In practice
profitability indicator with evaluable profitability , own in turn , the benefit his/her formation
providing assets , resources or to the streams ratio represents .
Given that the assessment of the effectiveness of the financial and economic activities of an
enterprise based on profitability is of a variable nature (profit can be positive or negative), the
results of such an assessment distort the competitiveness indicator. In accordance with the
proposed methodology, for the convenience of assessment and further analysis, there is a range
of permissible values on the positive axis of the number line, that is, it cannot be less than zero.
In this regard, the most capacious indicators characterizing the effectiveness of economic activity
and expressing the ratio of revenue from the sale of products to the assessment of the volume of
resources required for its production and sale were identified as components of the enterprise
efficiency indicator. The author considers these indicators to be:
-
operational efficiency indicator (ratio of revenue to production costs);
- indicator of investment activity efficiency (ratio of income and volume of capital
investments).
To assess the effectiveness of activities to form the organization's property, it is proposed to use
the indicator of the effectiveness of the enterprise's asset structure (the ratio of the value of
property for production purposes to the value of assets).
The indicator of operational efficiency allows for the most comprehensive assessment of the
efficiency of the enterprise's production activities, since it reflects the efficiency of using the
main production resources available in the organization: labor and material. The indicator of the
efficiency of the enterprise's investment activities shows the profitability of the company's
capital investments for the period under review. The indicator of the efficiency of the structure of
the enterprise's assets determines the provision of the production process with the means of
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production necessary to effectively increase the enterprise's production potential.
The financial stability of an enterprise is another of its main characteristics, reflecting the level of
financial independence of the organization, the rationality of managing its own and borrowed
funds, the freedom to dispose of its own capital in the process of production activities. The main
signs of financial stability are solvency and creditworthiness, which are determined by the
composition of the assets and liabilities of the enterprise, the level of liquidity.
The most general indicators of financial stability are defined as the ratio of the financial
independence coefficient and the inverse coefficient of financial dependence, which characterize
the share of own funds in the total volume of financing sources necessary for the development of
the enterprise. the amount of the enterprise's liabilities and the value of its total assets. They
characterize the company's dependence on third-party financing and assess its long-term
solvency. Given that the value of the enterprise's equity, determined as a result of section III of
the balance sheet, has a variable nature, it is advisable to use the formula for the financial
dependence coefficient when calculating the competitiveness indicator in the future.
A general assessment of the liquidity of assets allows us to obtain a current liquidity indicator,
which reflects the degree to which current liabilities are covered by the current assets of the
enterprise, the term of their conversion into cash of which does not exceed 1 year. The indicator
reflects the solvency of the enterprise in the short term, taking into account the occurrence of
emergency situations associated with the need to immediately repay borrowed funds.
For a comprehensive assessment of the level of solvency of an enterprise, it is proposed to use
the solvency ratio for current liabilities, which is one of the main criteria for determining
solvency or insolvency when monitoring the financial condition of organizations. The indicator
characterizes the time during which it is possible and based on the volume of the enterprise's
income, to pay off current debts to creditors.
The basis for calculating the financial stability indicator of an enterprise included in the system
of competitiveness assessment indicators is the assessment of its following components:
-
financial independence indicator;
-
liquidity indicator;
-
solvency indicator.
Thus, 6 initial indicators of the current competitiveness of the enterprise were identified.
Used literature
1. Tikhanov E.A. Analysis and systematization method of otsenki konkurentosposob-nosti
predpriyatiya / E.A. Tikhanov, V.V. Krivorotov, P.V. Chepur // Fundamental research. 2016. –
No. 10.
2. Kholboyev UX Theoretical issues of increasing the competitiveness of the service sector.
Journal of Management Values & Ethics. August 24 Special Issue, ISSN-2249-9512, page 291-
296.
