Optimizing the Finance Structure of Capital at Commercial Organization

In conditions of limited finance resources building optimum finance structure of capital is considered the most important objective, as the availability of the necessary amount of own funds can provide finance sustainability of the organization, the potential to meet timely liabilities to creditors,...

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Main Author: Yu. S. Ermakova
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2021-10-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
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Online Access:https://vest.rea.ru/jour/article/view/1163
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author Yu. S. Ermakova
author_facet Yu. S. Ermakova
author_sort Yu. S. Ermakova
collection DOAJ
description In conditions of limited finance resources building optimum finance structure of capital is considered the most important objective, as the availability of the necessary amount of own funds can provide finance sustainability of the organization, the potential to meet timely liabilities to creditors, finance and develop new lines of work. However, any resources (both borrowed and own) have value, as they can be invested into the profitable investment project. It is obvious that the finance structure of capital can influence indirectly the level of organization profit, as in other expenses interest costs or interests payable are shown. Therefore, it is necessary to build such a correlation of own and borrowed sources, which can provide the max profit for the enterprise. As tools for building such a correlation the article proposes methods of mathematic modeling and, namely, the correlation analysis to find the interconnection between the dependent variable, i.e. work profitability and different factors - a share of own and borrowed funds. On the basis of this interconnection regression equation was built, which allows us to find out how the amount of net profit changes with a certain correlation of own and borrowed resources. The analysis was carried out based on published finance reports of the limited company ‘Gazprom Bureniye'.
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institution Kabale University
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publishDate 2021-10-01
publisher Plekhanov Russian University of Economics
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-c4aec464113143bc8b44286303a8ecdf2025-08-20T03:59:12ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512021-10-0105536310.21686/2413-2829-2021-5-53-63867Optimizing the Finance Structure of Capital at Commercial OrganizationYu. S. Ermakova0Krasnodar branch of the Plekhanov Russian University of EconomicsIn conditions of limited finance resources building optimum finance structure of capital is considered the most important objective, as the availability of the necessary amount of own funds can provide finance sustainability of the organization, the potential to meet timely liabilities to creditors, finance and develop new lines of work. However, any resources (both borrowed and own) have value, as they can be invested into the profitable investment project. It is obvious that the finance structure of capital can influence indirectly the level of organization profit, as in other expenses interest costs or interests payable are shown. Therefore, it is necessary to build such a correlation of own and borrowed sources, which can provide the max profit for the enterprise. As tools for building such a correlation the article proposes methods of mathematic modeling and, namely, the correlation analysis to find the interconnection between the dependent variable, i.e. work profitability and different factors - a share of own and borrowed funds. On the basis of this interconnection regression equation was built, which allows us to find out how the amount of net profit changes with a certain correlation of own and borrowed resources. The analysis was carried out based on published finance reports of the limited company ‘Gazprom Bureniye'.https://vest.rea.ru/jour/article/view/1163own capitalborrowed capitalcorrelation analysisregressive analysiswork profitability
spellingShingle Yu. S. Ermakova
Optimizing the Finance Structure of Capital at Commercial Organization
Вестник Российского экономического университета имени Г. В. Плеханова
own capital
borrowed capital
correlation analysis
regressive analysis
work profitability
title Optimizing the Finance Structure of Capital at Commercial Organization
title_full Optimizing the Finance Structure of Capital at Commercial Organization
title_fullStr Optimizing the Finance Structure of Capital at Commercial Organization
title_full_unstemmed Optimizing the Finance Structure of Capital at Commercial Organization
title_short Optimizing the Finance Structure of Capital at Commercial Organization
title_sort optimizing the finance structure of capital at commercial organization
topic own capital
borrowed capital
correlation analysis
regressive analysis
work profitability
url https://vest.rea.ru/jour/article/view/1163
work_keys_str_mv AT yusermakova optimizingthefinancestructureofcapitalatcommercialorganization