An Approach To Predicting The Insolvency Of Ukrainian Steel Enterprises Based On Financial Potential

Abstract

The selection of appropriate indexes as proxies for quantitative characteristics to determine the financial potential of companies in this industry is supported. Levels of the financial potential of Ukrainian steel enterprises were defined using neuronet technologies. The rules of enterprise perspective insolvency levels classification were designed based on the combination of the inner factors of enterprise financial activity and environmental factors. Such an approach provides the evaluation of an enterprise’s insolvency, taking into account its current state and the reserves for restoring financial stability.