MATHEMATICAL METHODS OF FINANCIAL RISK ANALYSIS IN COMPANY X

Abstract

The goal of this thesis is to consider relativity between theoretical and practical tools of predicting bankruptcy risks, providing the guidance for the optimal decisions, based on the economic situation in the company. The strengths and weaknesses of the organization for the formulation of various tasks of strategic development were also analysed.

Mathematical and statistical Altman’s and Lis’s development were used as the most reliable approach for assessing the risk of bankruptcy. The asset liquidity analysis was also done. Using the understanding of the economic situation, two and three-level structure of the corporate Risk Management System (RMS) was created.

The objective of thesis is the system of economic and organizational-administrative relations, bankruptcy risk calculations based on the financial statements for three years, the balance of liquidity analysis, ensuring the economic security of the enterprise.

Based on the purpose of writing the thesis, there are the following tasks - to identify the factors of economic security of the Company X in modern conditions, to determine the economic threat to industry, to develop mechanisms for managing the economic security of the company.