“…Our analysis of early works (Berezhnaya, Berezhnaya, Solovyova, Karapetyan, & Berezhnoy, 2018) shows that the financial condition of Russian companies does not meet the established requirements and criteria. In such a situation, an objective assessment of the financial condition on the basis of financial stability, liquidity, etc., on the basis of criteria accepted in financial practice loses its meaning.…”