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- Title
Bir Tekstil İşletmesinin Mali Tablolarının Finansal Analizinde Oran Analizi Yönteminin Değerlendirilmesi.
- Authors
ATAGAN ÇETİN, Aysun
- Abstract
In the literature, accounting is referred to as the language of the enterprises. Businesses provide information to the internal and external environment through accounting which is an open system. The use of this information in decisionmaking and in the evaluation of the enterprise will be realized with the help of the financial statements generated by the accounting. In this sense, it is vital that financial statements contain accurate, clear, understandable, comparable and reliable information. Producing meaningful information from the financial statements is carried out with the help of financial analysis techniques. Ratio analysis is the most commonly used of these methods. Ratios are the basis for determining the strengths and weaknesses of the entity in terms of debt repayment ability, efficiency of use of assets, degree of risk in financial structure and profitability. The aim of this study is to explain the ratio analysis method, taking into account the balance sheet and income statement of a textile firm which are the basic financial tables of 3 years. The ratio analysis, which is suitable for both static and dynamic analysis, is important for being the most widely used technique. In the results of the study; It is determined that the company has a much better position in the third year in terms of shortterm debt repayment power compared to previous years. In business finance, the second year is the weight of foreign resources, while the third year is directed towards equity financing. Investments in property, plant and equipment have an important role to play in creating sales volume. The fact that stock turnover rate is in a downward trend in the third year suggests that the company could not melt its stocks. The duration of collection of the receivables of the enterprise and thus the time of the connection of the business funds to the receivables are shortened. However, since the repayment period of the debts is shorter, the debt-receivable balance should be established in the enterprise. The profitability ratios of the enterprise increase in the third year. In terms of return on equity, the enterprise is more successful in the last year.
- Publication
Balkan & Near Eastern Journal of Social Sciences (BNEJSS), 2019, Vol 5, Issue 2, p90
- ISSN
2149-9314
- Publication type
Article