Author: Vaspur G. Niazyan

Abstract:

The article discusses the relevance and importance of the choice of basis for comparison for indicators obtained in the analysis of financial and economic activities of a company. An analysis of the theoretical literature revealed several approaches to the choice of the basis for comparison: calculating the average for the industry, choosing the reference value, choosing the optimal value and expert judgment. Taking into account the limitations of existing approaches the author suggests using the recommended indicators and the algorithm to calculate them. The proposed methodology was tested at the example of coefficients of technical and technological sustainability of airlines. Recommended values of the specific indicators of technical and technological sustainability of airlines were identified on the basis of the data on the leading domestic and foreign airlines.

Keywords: basis for comparison; recommended value; positive indicators; negative indicators; indicators with integral values; technical and technological sustainability; airline.