L. Mamatova. Optimization of the capital structure and its impact on the enterprise's potential.

Abstract

The concept of the optimal structure of a company's capital is proposed. The factors of influence in the formation of the optimization capital that influence the potential of the enterprise as a whole are determined and formed by groups. The main methods of optimization and management of the capital structure of the enterprise are singled out. Criteria and main features of optimization in the formation of the company's capital are singled out. The procedure for choosing the optimal structure of capital based on the features of the enterprise is proposed. It is determined that the optimization of capital can be achieved due to the optimal ratio of own and borrowed capital and depends on a number of factors and criteria. When forming the optimal structure of the enterprise's capital, it is necessary to take into account the subjective and objective factors of influence on the enterprise's potential. The rational capital structure is not stable, as financing is a dynamic process, and the factors influencing the capital structure are modified, especially in an unstable economic situation. The optimal structure will allow to define and provide the necessary size and share of the existing sources of financing of the enterprise taking into account the criteria and methods of financing. In some cases, depending on the economic state of the enterprise's operating environment, the optimal capital structure maximizes the profitability of the enterprise, that is, it allows you to obtain the greatest profit from the existing level of your own resources. It is concluded that when forming the optimal structure, different aspects of the operating, investment and financial activities of the enterprise are taken into account, for each business entity they are different.