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Highlights:The specificity of the analysis of the financial state of innovation-active enterprises is investigated. It requires an assessment not only of their economic activities, but also of the financial risks of innovation. In the current difficult economic conditions, the solution of this problem in the considered system formulation is a prerequisite for the sustainable development of innovatively active enterprises. The theoretical foundations of the study are based on a synthesis of advanced domestic and foreign experience in analyzing the financial condition of enterprises engaged in innovation activity, and taking into account the factors that affect its effectiveness. The synthesis of a number of provisions of these theories, carried out on the basis of synergetic methodology, made it possible to develop certain aspects of the theory of optimal management of innovatively active enterprises in analyzing their financial condition. The results of the study are recommended for use in developing programs and plans for the innovative development of enterprises, integrated structures and industries, as well as in the process of regulating their production and business activities.
Abstract:The definition and general characteristics of innovation-active enterprises are given. Various methodological approaches to the analysis of the financial condition of innovation-active enterprises are considered. The complex approach to the assessment of this condition is investigated. The indicators of system assessment, taking into account the specifics of financial activity of innovation-active enterprises. Various characteristics of the main methods implementing an integrated approach to the assessment of the financial condition of enterprises are presented. The approbation of an integrated approach to the analysis of the financial condition of innovation-active enterprises by calculating the probability of bankruptcy of a conventional enterprise of the radio-electronic industry, taking into account the values of the coefficients of assessment of its financial condition, is given. The results of the assessment of the financial condition of enterprises in this industry are presented.
Keywords:analysis, financial condition, innovation-active enterprises, methods
JEL-Classification: D04, G00, G30, O12, O3
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