The main technical and economic performance indicators of the Kaliningrad offshore drilling operations department of LUKOIL-Kaliningradmorneft LLC are reviewed. Solvency (liquidity) indicators of the drilling operations department are calculated and recommendations on revealing the level of profitability of the enterprise are given. Solvency (liquidity) indicators characterize the ability of the enterprise within a certain period of time to settle accounts with its creditors. Such indicators include absolute coverage ratio - the ratio of the most liquid current assets (cash and short-term financial investments) to short-term liabilities; intermediate coverage ratio - the ratio of cash, short-term financial investments and accounts receivable to short-term liabilities; general coverage ratio - the ratio of current assets to short-term liabilities. The analysis of the financial condition of the drilling operations department showed that it would be advisable for OOO LUKOIL-Kaliningradmorneft to keep accounting records in its structural units in full scope of the requirements for filling in reporting forms, which would allow to identify unprofitable units; to more precisely determine the causes of financial instability of structural units; to establish the contribution of each structural unit to the formation of financial result.
