FORMATION OF ANALYTICAL INDICATORS FOR ASSESSING THE ECONOMIC SUSTAINABILITY OF FARMS
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Abstract
Introduction. The functioning of farms in Ukraine is currently taking place under conditions of prolonged military and economic instability, accompanied by significant resource, financial, and demographic constraints. Under such circumstances, ensuring the economic sustainability of farms becomes a key prerequisite for preserving agricultural production, maintaining employment in rural areas, and strengthening regional food security. The growing influence of external shocks necessitates the development of analytical tools capable of providing an objective assessment of the sustainability of farming entities based on available statistical and reporting information.
Purpose. The purpose of the study is to substantiate a system of analytical indicators for assessing the economic sustainability of farms and to evaluate the dynamics of its key components using the example of farms in Mykolaiv region during 2020–2025.
Methods. The research is based on the application of a systemic approach, structural and functional analysis, methods of economic comparison, dynamic analysis, grouping, and analytical coefficient assessment. Official statistical data on the activities of farms in Mykolaiv region were used as the empirical basis of the study.
Results. A system of analytical indicators for assessing the economic sustainability of farms was developed and structured according to four interconnected components: production-resource, financial, personnel-social, and investment. The proposed system includes indicators characterizing land-use concentration, labor provision, the share of leased land, labor productivity, operational profitability, the ratio of accounts receivable to accounts payable, personnel sustainability, capital investment dynamics, and investment self-sufficiency. The empirical assessment revealed significant structural transformations within the farming sector of Mykolaiv region. The average farm land area increased by 36.2%, the area of agricultural land per employee grew by 34.9%, and labor productivity more than doubled. At the same time, the number of employees decreased by 17.7%, indicating the growing importance of labor-saving organizational and technological solutions. The study also identified an increase in operational profitability and investment activity, accompanied by a deterioration in the balance of settlement operations due to the growth of accounts receivable relative to accounts payable.
Originality. The scientific novelty of the study lies in the development of an integrated system of analytical indicators adapted to the conditions of wartime economic transformation. Unlike existing approaches, the proposed methodology combines production-resource, financial, personnel, and investment characteristics within a unified analytical framework and enables the assessment of economic sustainability using official statistical reporting data.
Conclusion. The findings indicate that the economic sustainability of farms is determined by the interaction of production-resource, financial, personnel, and investment factors. Despite positive changes in labor productivity, profitability, and investment activity, personnel losses and growing imbalances in settlement operations remain significant constraints to sustainable development. The proposed system of analytical indicators can be applied for monitoring the condition of farms, supporting managerial decision-making, and developing regional agricultural support policies under conditions of military and economic uncertainty.
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