Modification of universal toolset for evaluation of financial sustainability of corporations in their strategic planning

Abstract

Current study stipulates the need to evaluate financial sustainability of corporations both at the appointed moment and in longer perspective. That implies taking into account the category of “financial stability” as a long-term attribute. Special Excel-VBA software complex was used to identify a modified indicator of financial sustainability / ownership / independence / liquidity control in the long term. That entails expansion of financial sustainability indicator spectre which can be applied not only to assess financial stability, but also to monitor liquidity, evaluate strategic target structure of capital, and also be used as a tool to create scenarios to see development of financial situation in future considering possible trends, which also predetermines complex use of the indicator for financial sustainability of corporations. Testing of the universal evaluation tool was carried out in trading corporations of the Stavropol Territory, including in the corporation “Opt-Torg”