Problems of formation of the optimal financial structure of the enterprise capital

Abstract

The article analyzes the model of formation of the financial structure of the capital of
the enterprise, the algorithm of optimization of the financial structure of capital in the value management
system of the organization. Reasonable growth of market value is a strategic target indicator of the
development of the organization, as an operational cost parameter, the economic value added indicator
(EVA) was used, which provides harmonization of long-term and short-term goals of forming the financial
composition of capital. At the stage of analysis of the actual financial composition of capital to determine
the optimal ratio of equity and debt capital, according to the financial statements of the organization,
which is the object of the study, the Eva indicator was calculated from the point of view of this criterion,
the matrix of financial development of the organization is presented. It is established that the limited ratio
(E:D)/E is 100%, and the spread of financial return is 0. Monitoring of data of this parameter allows to
correct financial structure of the capital in due time. Detailing the financial structure of capital will help to
implement a multi-factor model of financial decision-making.