Profitability determinants of companies in IT industry: case of Ukraine

Purpose. To identify patterns of profitability IT enterprises by quantitative evaluation the relationship with structure capital and assets, taking into account level business activity main economic activity, as well formation appropriate recommendations. Methodology. The empirical basis study was aggregate performance whose belongs to Chapter 62 NACE “Computer programming, consultancy related activities” during 2013–2020. Correlation regression analysis used build a multifactor model linear regression, which describes dependence return on assets from ratio long-term short-term liabilities provisions balance sheet, current sheet total activity. Findings. It has been established that companies is unsatisfactory due external sources funding, including liabilities, have negative impact assets. found dominated growth positive in industry. This indicates need optimize non-current given their involvement production process. proved expanding markets, it possible ensure further industry, effect varies depending type Originality. identified between efficiency Practical value. applied value ability predict funding for activities areas asset placement, recommendations can be improve state policy digital economy terms justifying encourage owners reinvest profits, involve more actively national projects support product model.