Borrowed means as a tool of effective functioning and development of industrial enterprise

Starkova Maria Mikhailovna, Loshakova Anastasia Andreevna

This article explores the specifics of methodological tools for the effective management of borrowed funds in industrial enterprises. It is noted that the problem of leverage of industrial enterprises. arises in the case when enterprises lack their own funds. At the same time, the article notes that borrowed resources are needed not only for financing investment projects, but also for current needs - replenishment of working capital. It was concluded that the management of borrowed resources includes the following components: assessment of the availability of its own resources (equity) and the calculation of the ratio of its own working capital; determining the direction of use of borrowed resources (borrowed capital) —for financing investment projects or for current needs — for replenishing working capital; calculation of financial leverage; identification of options for the use of borrowed funds.

Keywords:borrowed capital, working capital, industry, financial leverage, return on assets