Financial analysis is the process of investigation of the financial condition and the main results of the financial activities of the company in order to provide it prospective development, to reveal alternative options for obtaining and use of capital and to disclose reserves, opportunities to increase the market price of company.

     The results of the financial analysis are of interest not only for owners and management team, but also for creditors, potential investors for all stakeholders. In view of the tasks financial analysis is an important component of financial management and strategic management as a whole, for making decisions on strategy and tactics of the company in the financial decisions.

     The financial analysis is a system of techniques and tools that financial management researching, evaluating and systematize their decisions.

     Task of financial analysis is to determine, is there a difference between planned and achieved, what it is and what causes it. To what extent it is now secured by capital and what is its ability to pay its obligations to counterparties. The extent to which the entity is dependent on creditors, shareholders, suppliers, customers and other external parties.