The innovative way of development dictates the conditions in which the modernization, development and strengthening of business positions on an international scale are becoming more and more important and obvious fact. In a market economy, companies have different opportunities to raise funds, but the cost of attracting sources and the influence of factors of qualitative and quantitative nature of both internal and external spectrum create a certain level of financial risks, which, ultimately, can have a negative impact on the capital structure and, as a consequence, on the value of the company. In this regard, top managers within the framework of financial policy develop measures aimed at maximizing the value of the business through the specifics of the formation of monetary capital. Thus, the prospects of companies are determined, first of all, by the optimally balanced structure of sources of financing and have a key direction in business development. The subject of this study is the analysis of the structure of the cash capital of the metallurgical industry, as well as the assessment of the weighted average cost of capital. The purpose of the study is to analyze the structure of the cash capital of the metallurgical industry, as well as to determine its weighted average, identify problems, as well as the formation on the basis of these measures aimed at optimizing the capital structure and, as a consequence, increasing the value of the company.