Analysis of the effectiveness of the use of fixed assets.

In order to ensure the highest possible efficiency (read - profitability) of the firm's work, it is necessary to carry out a comprehensive control over the important indicators of its activities, based on which to make forecasts for the future and development programs of the enterprise, the implementation of which would improve the results of its work. Such control was called the management analysis, and one of its most important components is the analysis of the efficiency of the use of fixed assets.

How can we evaluate the effectiveness of something? It is logical to assume that it is logical to regard efficiency as a ratio of the result to the cost of any resource to achieve this result. If we consider the analysis of the efficiency of the use of fixed assets, then the most primitive indicator in this analysis will be the profitability of the OS, which can be calculated by dividing the firm's profit by the cost of the OS. This indicator will help to get an idea of how profitable the company's fixed assets are, but not how efficiently they are used.

Analysis of the effectiveness of the use of fixed assets is not limited to studying their profitability. Much more important are other indicators, such as:

1. Workload OS - shows the extent to which these or other OS objects are used, how many products are produced with the help of this or that equipment, whether there are periods of idle time. It is also important to analyze why the simple happens - due to technical malfunctions or simply because of the uselessness of this equipment. In addition, the number of available OS objects is also taken into account - all of these estimates help to understand whether there is a surplus or lack of OS.
2. Analysis of the resource intensity of the OS in the light of their comparison with analogs - this aspect of analysis shows how many resources (labor, raw materials, energy) require the use of an object of the OS in comparison with similar equipment from other manufacturers (or newer models of the same manufacturer). Depending on the results obtained, a decision may be made to replace OS objects with newer ones.
3. Depreciation of OS objects - concerns accounting issues rather than efficiency. This aspect of the analysis should help the manager to understand whether the chosen depreciation scheme corresponds to the real use of the OS object, in other words - to understand if the OS object is as good as it is displayed in the documents.

Analysis of the effectiveness of the use of fixed assets has other, less important aspects. In general, the logic for processing the analysis results is as follows: it is better when the OS is overloaded - in this case, although the OS fleet expansion is necessary, they are used effectively. If the OS is idle, then they simply are an additional burden for the enterprise, since it still requires the costs of maintaining and calculating depreciation. The analysis of the use of the OS is also connected with such a procedure as the analysis of the efficiency of the use of capital - in fact, it is with the funds invested by the participants in the enterprise that the primary purchase of fixed assets is carried out. Important are also those aspects that relate to the current repair of the OS and the updating and upgrading of the OS. Since these costs are mainly carried out not through the capital of the depositors of the firm, but with the use of money already earned by the enterprise, the analysis of the efficiency of using the company's money is also indirectly related to the efficiency of the use of fixed assets.

We hope that getting acquainted with this article convinced the respected businessmen of the undoubted necessity to conduct an analysis of the efficiency of the use of fixed assets, and the results of the analysis will help them to significantly increase the effectiveness and profitability of the business.