PhD, доцент Mavlanov Normumin Normamatovich,
Tashkent institute of Finance, Tashkent, Uzbekistan
Email: mavlanovnormumin@mail.ru
ORCID:0000-0001-5117-4658
Abstract. The article highlights the specific aspects of assessing the creditworthiness of commercial enterprises. Assessing the creditworthiness of economic entities based on the characteristics of the branch, leads to accurate and reliable results. In practice, commercial banks widely use the method of coefficients in assessing the creditworthiness of commercial enterprises. Only the financial position is evaluated using coverage, liquidity and financial independence ratios. This does not allow a comprehensive and complete assessment of the enterprise’s creditworthiness. In addition, shortcomings in the calculation of these coefficients indicate that this method has a higher level of uncertainty. Another disadvantage of ratio method is allocating the loan for the next period by evaluating the data of the completed period. In this case, forecasting future activities in advance is considered one of the most important objectives. Another aspect that is overlooked by banks but is important to focus on is non-financial indicators. Non-financial indicators are one of the important factors of sustainable development of the future activities of enterprises.
Coming from the above mentioned, a scoring model for assessing the creditworthiness of commercial enterprises based on the network characteristics was developed and the advantages of this model were described. The scoring model for assessing the creditworthiness of commercial enterprises is based on financial indicators (liquidity indicators, balance sheet liquidity, security indicators, efficiency indicators, stability indicators and the Altman model) and non-financial indicators (general credit history, credit collateral, project reality, product competitiveness level, business reputation). The scoring model for assessing the creditworthiness of commercial enterprises is allocated 100 points to financial indicators and 100 points to non-financial indicators based on a total of 200 points. The creditworthiness of commercial enterprises is divided into 5 classes from 0 to 200 points accumulated according to the scoring model. In this case, credit is allocated to classes 1 and 2. And the 3rd class is allocated credit in separate points. Grades 4 and 5 are not awarded credit.
Key words: creditworthiness, market conjuncture, credit, financial indicator, non-financial indicator, financial position, ratio.