The use of Financial Indicators in Evaluating the Financial Performance of the SAIDAL Company

Authors

  • Houda Maaref
  • Yahiaoui Naima

Keywords:

Performance evaluation, financial ratios, working capital, financial indicators.

Abstract

Financial indicators are essential tools for investors and lenders to assess a company'sfinancial performance and ability to meet its financial obligations. This study aims to investigatehow financial indicators can be used to evaluate the financial performance of SAIDAL, a publiclytraded company in Algeria. The study uses data from SAIDAL's financial statements for the period2018- 2020 to assess the company's level of financial performance and its ability to use financialindicators to make sound decisions. The study finds that SAIDAL achieved long-term financialstability throughout the study period, as evidenced by its working capital results.

References

Jassim, S. A. (2017). The impact of modern management accounting techniques on the evaluation of the financial performance of Iraqi companies: An applied study in the Iraqi General Company for Battery Manufacturing Baghdad Al-Waziriya. Journal of Arts, Literature, Humanities and Social Sciences, 18.

Boutoura, F. Z., & Reggam, L. (2021). The role of the balanced scorecard in evaluating the financial performance of economic institutions. Algerian Journal of Security and Development, 10(1), 282.

Tamrabt, Z. (2021). The impact of intellectual capital efficiency on the financial performance of pharmaceutical companies listed on the Algerian Stock Exchange - A case study of the SAIDAL complex during the period 2012-2019. Journal of Finance, Investment and Sustainable Development, 6(1), June.

Khatib, M. M. (2010). Factors affecting financial performance and its impact on the returns of corporate shares. Dar Al-Hamed, Amman, Jordan.

Khenfri, K., & Bournissa, M. (2021). The role of financial ratios and indicators in evaluating the financial performance of economic institutions. Economic Studies Journal, 27.

Ben Sassi, E., & Qurishi, Y. (2011). Financial management (Financial management) lessons and applications. Dar Wael for Publishing, Second Edition.

Khenfri, K., & Bournissa, M. (2020). The role of financial ratios and indicators in evaluating the financial performance of economic institutions. Economic Studies Journal, 27.

Boumsabah, S. (2021). Evaluation of the financial performance of the economic institution using financial ratios - A case study of the Algerian Mobile Communications Company (Mobilis) -. Journal of Research and Development Studies, 8(2), December.

Downloads

Published

2023-12-30

How to Cite

Maaref, H. ., & Naima, Y. . (2023). The use of Financial Indicators in Evaluating the Financial Performance of the SAIDAL Company. The Journal of Contemporary Issues in Business and Government, 29(4), 124–141. Retrieved from https://cibgp.com/au/index.php/1323-6903/article/view/2636