Financial Stability Assessment of the Postal Service Organizations
Keywords:
POSTAL SERVICE ORGANIZATION, FINANCIAL STABILITY, SOLVENTITY, LIQUIDITY, TARIFF POLICYAbstract
In the realities of the modern economy, the economic activity of postal service organizations is the focus of attention of various counterparties of market relations, which are indirectly or directly interested in the results of their functioning. With the transition of the economy to the market-based management, the conditions for the effective functioning of such organizations have changed. Today, to ensure the survival of modern postal organizations, it is necessary not only to increase the efficiency of activities, ensuring the competitiveness of postal services, introducing new, more effective forms of their provision, but also to understand, know, be able and give a real assessment of the financial condition of both their own organization and their existing ones, as well as potential competitors.
The study of postal service organizations assessed the types of services provided, population coverage, tariff policy, indicators of financial stability, solvency and liquidity. The analysis showed that during the period under study, Russian Post JSC is characterized by an unstable financial condition, and the DPR State Unitary Enterprise Donbass Post is in a crisis state. The calculated solvency indicators made it possible to come to the conclusion that the organizations under study make a profit, but the results of their economic activities closely correlate with the dynamics of the internal and external operating environment. The results of the liquidity assessment showed that the management of current assets in the analyzed organizations needs serious changes and that further research should pay attention to the development of a set of measures to reduce accounts receivable.
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