Evaluation of the Reliability of the Company and Suggestion of the Optimal Way of Financing justification in the companyGazprom in Comparison with Chevron Corporation

Bc. Ellina Filimontseva

Bachelor's thesis

Abstract:

The aim of the thesis is to implement financial analysis, its tools and methods on to the Gazprom financial performance in 2013-2017 to evaluate its efficiency and stability. Moreover, it is decided to compare the company to its direct market competitor Chevron corporation for a deeper and wider assessment. The practical value of financial analysis is revealed through the implementation of analytical tools and strategies to seek improvement in increasing trade potential. The financial analysis of business performance allows enhancing Gazprom’s sustainability and forecasting the upcoming financial difficulties and subsequently diminishing the chances of going bankrupt. Consequently, the author’s findings disclose the company’s ability to stand in the economic competition, its strong and weak sides of financial performance drivers and strategic positioning. Based on the following results of the company’s financial state, suggestions and potential targets are developed by the author for further improvements and financial growth of the corporation. The thesis should be of interest to students investigating the aspects of financial analysis, its role and value in the corporate business practices.

Abstract:

The aim of the thesis is to implement financial analysis, its tools and methods on to the Gazprom financial performance in 2013-2017 to evaluate its efficiency and stability. Moreover, it is decided to compare the company to its direct market competitor Chevron corporation for a deeper and wider assessment. The practical value of financial analysis is revealed through the implementation of analytical tools and strategies to seek improvement in increasing trade potential. The financial analysis of business performance allows enhancing Gazprom’s sustainability and forecasting the upcoming financial difficulties and subsequently diminishing the chances of going bankrupt. Consequently, the author’s findings disclose the company’s ability to stand in the economic competition, its strong and weak sides of financial performance drivers and strategic positioning. Based on the following results of the company’s financial state, suggestions and potential targets are developed by the author for further improvements and financial growth of the corporation. The thesis should be of interest to students investigating the aspects of financial analysis, its role and value in the corporate business practices.

Keywords

Gazprom, Chevron corporation, financial analysis, financial assessment, financial ratios, financial performance, financial instability, bankruptcy, creditworthiness, liquidity, reliability, structural analysis, WACC, ROE, ROA.

Language used: English

Date on which the thesis was submitted / produced: 1. 10. 2019

Thesis defence

• Date of defence: 1. 11. 2019
• Supervisor: Ing. Eva Kostikov, Ph.D.
• Reader: Ing. David Mareš, Ph.D.

University of Finance and Administration

Bachelor programme / field:
Economics and Management / Business Management and Corporate Finance