On the Development of a System of Indicators for Assessing Financial Condition of Freight Truck Transport Enterprises

Abstract

Abstract The article is devoted to the relationship analysis indicators of economic effect and efficiency of the freight road transport enterprises in modern economic conditions. The main indicators characterizing the relationship between revenue and costs of a freight transportation company are financial stability and operating leverage. Using the liquidity ratio of the cash flow, the optimal criteria for these indicators were obtained, as well as the share of fixed costs in revenue, which determine the increase in solvency of freight road transport enterprises. At the same time, the optimal levels of the specified financial and economic indicators are considered in the context of seasonality and size of economic entities. The optimal levels of indicators are determined separately for large freight road transport enterprises with more than one hundred units of rolling stock and for medium cargo road transport enterprises with up to one hundred units of rolling stock. To assess the performance of freight trucking companies, profitability indicators are used, in particular cost-effectiveness. The indicator of profitability of costs allows you to set the marginal rate based on the market situation and the level of costs, as well as determine the revenue from sales, taking into account the established tariff. Using indicators that have an impact on the change in the value of cost-effectiveness, the minimum possible value of the indicator was obtained, which determines the lower limit of the sustainable functioning of freight road transport enterprises, determining the excess of income over expenditure.