PROBLEMS OF CONSTRUCTION OF THE INTEGRAL COEFFICIENT OF THE EFFICIENCY OF THE USE OF FIXED ASSETS OF AN INDUSTRIAL ENTERPRISE

Author(s): Izmailov M.K.

Rubric: Economy

DOI: 10.21777/2587-554X-2022-2-33-40

Release: 2022-2 (41)

Pages: 33-40

Keywords: fixed assets, efficiency, integral assessment, Euclidean distance, distance method, modeling

Annotation: The article studies the features of the effectiveness of the organization fixed assets use analysis based on classical methodological approaches. Their shortcomings and problems of application are identified. Based on the analysis of data from PJSC “Kirovskiy Zavod” for 2019–2021 the necessity of using the methods of economic and mathematical modeling in the process of assessing the effectiveness of the organization fixed assets use is substantiated. As a result of the study, an author’s approach to assessing the integral coefficient of efficiency in the use of fixed assets of an organization is proposed. Approbation of the proposed approach was carried out on the database of PJSC “Kirovskiy Zavod”. The proposed system of indicators is quite clear and justified, since it reflects the effectiveness of the functioning of the fixed assets of the enterprise from its different sides and allows you to see what you need to pay attention to in the first place. The practical use of the proposed algorithm for calculating the integral coefficient of effici ency in the use of fixed assets of an organization will allow us not only to assess the level of fixed assets use in a particular enterprise, but also to provide an information base for a comparative analysis of industrial enterprises, as well as compiling their rating.

Bibliography: Izmailov M.K. PROBLEMS OF CONSTRUCTION OF THE INTEGRAL COEFFICIENT OF THE EFFICIENCY OF THE USE OF FIXED ASSETS OF AN INDUSTRIAL ENTERPRISE // Economics and Management. – 2022. – № 2 (41). – С. 33-40. doi: 10.21777/2587-554X-2022-2-33-40