The System of Diagnostics of Bankruptcy Threat to the Enterprises

The prepared system of diagnostics of bankruptcy threat to the enterprises, is  presented in the article. . Herein, bankruptcy, threatening the enterprises, is being diagnosed as per three stages, i.e. the condition of the enterprise and the reasons, which have determined such condition, are being gradually concretized. The financial condition of the enterprises and the threat of bankruptcy are being evaluated at the first stage by applying the integrated model, which assists in achieving the generalized evaluation of the condition. The relative financial indices of the enterprise are being analysed at the second stage, seeking for diagnosing the problematic fields of the enterprise. The third stage, at which the absolute financial indices are being analysed, is aimed at ascertaining the reasons, which have determined the condition of the enterprise. The size of the crisis, the crisis factors of activity are ascertained by taking into consideration the evaluation indices of the condition of the enterprise; they allow selecting substantially the bankruptcy prevention measures out of the possible leading set of internal and external measures. The possibilities of adaptation of the prepared system of diagnostics to the enterprises, which are attributed to various economic sectors and to the changing environmental conditions, are foreseen.