A Study On Financial Risk Assessment Of XY Coal Company

In recent years,the global economic environment has changed,and companies are facing more competitors and threats from competitors than ever before.In the process of continuous development of enterprises,financial risks have become increasingly obvious,and companies have to pay more attention to this.Therefore,in daily management activities,enterprises should focus on managing financial risks,so that they can be detected and controlled earlier before the financial crisis erupts,and some bankruptcy crises can be avoided.The coal industry is the main industry supporting China's economic development,so the development level of this industry will have a significant impact on the level of China's economic development.Therefore,we should pay more attention to the evaluation and control of the financial risks of coal enterprises.This article takes XY coal companies as the object of this study.First,it compares the financial indicators of XY companies to check their operating conditions and determine and analyze the business risk status and its sources.Second,according to the analysis of XY company financial risk conditions,Combining the characteristics of the coal industry with the characteristics of the XY Coal Company,a comprehensive evaluation of the financial risks of the XY Coal Company.During the establishment of the company's financial risk evaluation system,the weights of various indicators must first be calculated by using the entropy method,and then the indicators should be scored using the improved power factor method,and the risk size should be determined in turn.XY Coal Company's risk is not particularly high.The main reason for its financial risk is that the company invests a lot in new energy resources,resulting in insufficient funds and lack of financing channels.In addition,a large number of accounts receivable cannot be recovered is also one of the important reasons for the company's financial risks.Based on the above-mentioned XY coal company's financial risks and their importance,this paper puts forward safeguard measures to ensure the smooth and effective implementation of XY coal company's financial risk evaluation system from various aspects,hoping to provide some guidance through the research in this paper.