The solvency of an enterprise is an important symbol reflecting its financial situation and operating ability, and it is also an important link in the financial statements of financial enterprises. Solvency is an enterprise's ability to bear or guarantee due debts, including the ability to repay short-term debts and long-term debts. The solvency of an enterprise, statically speaking, is the ability to pay off debts with its assets; Dynamically speaking, it is the ability to repay debts with the assets of the enterprise and the income created by the business process.
The following describes the usefulness of financial statements of financial enterprises:
1, comprehensively and systematically reveal the financial status, operating results and cash flow of an enterprise in a certain period, which is beneficial for enterprise managers to understand the completion of various task indicators of their own units and evaluate their operating performance, so as to find problems in time, adjust business direction, formulate measures, improve management level, improve economic benefits, and provide basis for economic prediction and decision-making.
2, is conducive to the national economic management department to understand the operation of the national economy. By summarizing and analyzing the financial statements provided by various units, we can understand and master the economic development of various industries and regions, so as to macro-control economic operation, optimize resource allocation and ensure the stable and sustainable development of the national economy.
3. It is beneficial for investors, creditors and other stakeholders to master the financial status, operating results and cash flow of the enterprise, and then analyze the profitability, solvency, investment income and development prospects of the enterprise, and provide decision-making basis for its investment, loan and trade.
Refer to Baidu Encyclopedia-Financial Statements for the above information.