The paper analyses the methods of evaluating the functioning of mining and transport equipment of mining enterprises. Formulas of leading scientists, which take into account the criteria of evaluation of functioning of mining and transport equipment for analysis of research in this field, are given. Dependences for determination of technical, operational productivity of excavators, dump trucks and crushing equipment, taking into account specific mining-geological, mining-technical, climatic, organisational and other conditions of equipment operation are offered. It gives an opportunity for planning and rationing of excavation-loading machines, selection and provision of transport and establishment of rational mode of their functioning. Functional criteria of theoretical, technical and operational functioning of mining and transport equipment of mining enterprises are established. In this regard, it is of interest to determine the value of the criteria for assessing the functioning of mining and transport equipment, taking into account the factors outlined.