Enterprises get increasingly less solvent

The current financial solvency of enterprises in Q1 2015 has considerably dropped.

It could be concluded from the data presented by the National Bank this week in its analytical review of key trends of the economy and money-and-credit sphere, BelaPAN informs.

As noted by the National bank, the rest of the money at enterprises’ accounts as of April 1, 2015 has grown by 2.6% as compared to January 1, 2015.

At the same time, indebtedness of enterprises for bank loans as of April 1, 2015 as compared to January 1 has grown by 15.4%.

“At the background of the considerable growth of the overdue accounts payable, the rest of the money at accounts of enterprises were growing much slower,” experts of the National Bank state.

As the outcome, the analytical review says, the current solvency of enterprises (the ratio of the money to the overdue accounts payable) as compared to the beginning of the year has fallen, and as of April 1, 2015 was 94.8% as compared to 112.6% as of January 1.

“It should be also noted that the debt load ratio has grown from 268.9% as of January 1, 2015 to 301.3% as of April 1, 2015,” the National Bank noted.