Evaluation of and Ways to Improve the Efficiency of Use of the Non-Current Assets of Enterprise
In the face of a persistent shortage of financial resources, bankruptcy and the liquidation of a large number of enterprises, the problem of ensuring the appropriate condition and management of the enterprise’s non-current assets and finding ways to improve the efficiency of this process is quite ur...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Research Centre of Industrial Problems of Development of NAS of Ukraine
2020-05-01
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| Series: | Bìznes Inform |
| Subjects: | |
| Online Access: | https://www.business-inform.net/export_pdf/business-inform-2020-5_0-pages-312_319.pdf |
| _version_ | 1818415155985252352 |
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| author | Levkovich Oksana V. Myronenko Ivanna O. |
| author_facet | Levkovich Oksana V. Myronenko Ivanna O. |
| author_sort | Levkovich Oksana V. |
| collection | DOAJ |
| description | In the face of a persistent shortage of financial resources, bankruptcy and the liquidation of a large number of enterprises, the problem of ensuring the appropriate condition and management of the enterprise’s non-current assets and finding ways to improve the efficiency of this process is quite urgent. Given this, as well as the importance of assets as a constituent part of the enterprise’s resource potential, there is a need for a detailed analysis of the enterprise’s non-current assets, their technical status, as well as the researching the efficiency of their use. Efficient use of non-current assets is important both for enterprise and for the economy of the country in general, as it leads to a reduction in the need for putting into operation of new production facilities, to an increase in the output volumes of production (and therefore profits), accelerates the turnover of these assets and ultimately helps to reduce the gap in terms of physical and moral wear, accelerates the rate of renewal of fixed assets. When evaluating the efficiency of non-current assets, it is necessary to take into account the specifics of economic management activity, the form of ownership and the strategic purpose of enterprise. The article is aimed at studying the peculiarities of analyzing the non-current assets of enterprise on the example of one of the domestic enterprises. The tendency of changes in the structure and dynamics of the indicators of wear and tear, validity, renewal, disposal and return on total assets is analyzed. According to the results of the study, ways to improve the efficiency of use of the non-current assets of enterprise are proposed. |
| first_indexed | 2024-12-14T11:30:30Z |
| format | Article |
| id | doaj.art-fd776d42de6f42919c8ce2da5b46fa45 |
| institution | Directory Open Access Journal |
| issn | 2222-4459 2311-116X |
| language | English |
| last_indexed | 2024-12-14T11:30:30Z |
| publishDate | 2020-05-01 |
| publisher | Research Centre of Industrial Problems of Development of NAS of Ukraine |
| record_format | Article |
| series | Bìznes Inform |
| spelling | doaj.art-fd776d42de6f42919c8ce2da5b46fa452022-12-21T23:03:19ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2020-05-01550831231910.32983/2222-4459-2020-5-312-319Evaluation of and Ways to Improve the Efficiency of Use of the Non-Current Assets of EnterpriseLevkovich Oksana V.0https://orcid.org/0000-0002-4570-4963Myronenko Ivanna O.1Oles Honchar Dnipro National UniversityOles Honchar Dnipro National UniversityIn the face of a persistent shortage of financial resources, bankruptcy and the liquidation of a large number of enterprises, the problem of ensuring the appropriate condition and management of the enterprise’s non-current assets and finding ways to improve the efficiency of this process is quite urgent. Given this, as well as the importance of assets as a constituent part of the enterprise’s resource potential, there is a need for a detailed analysis of the enterprise’s non-current assets, their technical status, as well as the researching the efficiency of their use. Efficient use of non-current assets is important both for enterprise and for the economy of the country in general, as it leads to a reduction in the need for putting into operation of new production facilities, to an increase in the output volumes of production (and therefore profits), accelerates the turnover of these assets and ultimately helps to reduce the gap in terms of physical and moral wear, accelerates the rate of renewal of fixed assets. When evaluating the efficiency of non-current assets, it is necessary to take into account the specifics of economic management activity, the form of ownership and the strategic purpose of enterprise. The article is aimed at studying the peculiarities of analyzing the non-current assets of enterprise on the example of one of the domestic enterprises. The tendency of changes in the structure and dynamics of the indicators of wear and tear, validity, renewal, disposal and return on total assets is analyzed. According to the results of the study, ways to improve the efficiency of use of the non-current assets of enterprise are proposed.https://www.business-inform.net/export_pdf/business-inform-2020-5_0-pages-312_319.pdfnon-current assetsfixed assetsefficiencywear and tearcapital intensivenessreturn on total assetsprofitability |
| spellingShingle | Levkovich Oksana V. Myronenko Ivanna O. Evaluation of and Ways to Improve the Efficiency of Use of the Non-Current Assets of Enterprise Bìznes Inform non-current assets fixed assets efficiency wear and tear capital intensiveness return on total assets profitability |
| title | Evaluation of and Ways to Improve the Efficiency of Use of the Non-Current Assets of Enterprise |
| title_full | Evaluation of and Ways to Improve the Efficiency of Use of the Non-Current Assets of Enterprise |
| title_fullStr | Evaluation of and Ways to Improve the Efficiency of Use of the Non-Current Assets of Enterprise |
| title_full_unstemmed | Evaluation of and Ways to Improve the Efficiency of Use of the Non-Current Assets of Enterprise |
| title_short | Evaluation of and Ways to Improve the Efficiency of Use of the Non-Current Assets of Enterprise |
| title_sort | evaluation of and ways to improve the efficiency of use of the non current assets of enterprise |
| topic | non-current assets fixed assets efficiency wear and tear capital intensiveness return on total assets profitability |
| url | https://www.business-inform.net/export_pdf/business-inform-2020-5_0-pages-312_319.pdf |
| work_keys_str_mv | AT levkovichoksanav evaluationofandwaystoimprovetheefficiencyofuseofthenoncurrentassetsofenterprise AT myronenkoivannao evaluationofandwaystoimprovetheefficiencyofuseofthenoncurrentassetsofenterprise |