Food Industry <br />Economics

Food Industry
Economics

ISSN Print: 2312-847X
ISSN Online:2411-4111
ISO: 26324:2012

EVALUATION OF THE FINANCIAL CONDITION AND DYNAMICS OF DEVELOPMENT OF AGRICULTURAL HOLDINGS IN UKRAINE

Didukh S.M

Key words: agricultural holding;Kernel Holding SA;MHP SA;financial position;capital structure;a system of indicators W.Beaver

Page: 41-49

Abstract

Agricultural holdings are an important part of the Ukraine’s economy. They take on enormous importance in
adoption of innovative technology, increasing productivity, increasing exports of food products. The problem of sustainable
development of agricultural holdings in the unfavorable market conditions is not sufficiently investigated.
Therefore, actual scientific task is to study the dynamics of development, problems and prospects of agricultural holdings
in the economic crisis in Ukraine.
The main purpose of the article is to study the characteristics of development, financial position and capital
structure the Ukraine\'s leading agricultural holdings in a volatile macroeconomic environment. The objects of study are
agribusiness holding companies MHP S.A. and Kernel Holding S.A.
The dynamics of financial indicators Ukraine’s agribusiness holding companies by the example of Kernel
Holding SA and MHP S.A has been analyzed in the article. The structure of corporate earnings, the dynamics of the
financial results and capital structure has been investigated in the article. Research of financial stability of companies
with the help of financial ratios of William H. Beaver was conducted.
We have indicated the reasons for the decline of the financial results of companies, such as the sharp devaluation
of the Ukrainian hryvnya, temporary loss of territory, falling of the purchasing power in Ukraine, reducing of export
to countries of the Customs Union, the depression of production in region of combat operations. We determined
that there has been the decreasing of agribusiness companies\' capital, the decreasing in the value of their shares and reduction
of ratios of the financial situation of companies.
We substantiated that the key direction for the development agribusiness holding companies should be optimization
of capital structure, improving the profitability of operations by optimizing costs


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