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Eurasian Academy Of Sciences Social Sciences JournalYl:2020 Say: 31 Alan: letme

Yldrm Ercan ALI, brahim GEREKL
HALKA AIK ENERJ FRMALARININ FNANSAL ORANLARININ BORSA PERFORMANSINA OLAN ETKLER ZERNE BR NCELEME
 
Bu almada enerji firmalarnn finansal oranlar ve borsa kapan fiyatlar arasndaki iliki incelenmitir. almada enerji sektrnde faaliyet gsteren balca 10 firmann finansal raporlar incelenmitir. Bu firmalarn nakit oran, cari oran, piyasa deeri/defter deeri, net kr marj, hisse bana kr, aktif devir hz, ksa vadeli bor/aktif oran, ksa vadeli finansal bor/ toplam bor, z sermaye karll ve brt esas faaliyet kr marj oranlar hesaplanmtr. Hesaplanan bu oranlar ile borsa kapan fiyatlar arasnda nce u deeler dikkate alnmtr ve daha sonra u deerler karlarak korelasyon analizi yaplmtr. Son olarak ulalan sonularla Granger nedensellik analizi yaplmtr. Yaplan korelasyon analizine gre; hisse bana kr, aktif devir hz, ksa vade bor/aktif, ksa vadeli finansal bor/ksa vade bor ve zsermaye karll oranlar ile borsa kapan fiyatlar arasnda anlaml bir iliki tespit edilmektedir. Fakat nakit oran, cari oran, piyasa deeri/defter deeri, net kr marj ve brt faaliyet kr marj oranlar ile borsa kapan deerleri arasnda anlaml bir iliki saptanmamtr. Granger nedensellik analizine gre ise anlaml bir sonu olmad tespit edilmitir.

Anahtar Kelimeler: Enerji Firmalar, Finansal Oranlar, Performans, Kapan Fiyatlar


A STUDY ON EFFECTS OF FINANCIAL RATIO OF PUBLICLY-TRADED ENERGY COMPANIES ON STOCK MARKET PERFORMANCE
 
In this work, the relationship between the financial ratios and the closing prices of the stock market is examined of the energy companies. In this work, the financial reports were examined of 10 firms operating in the energy sector. The ratios of these firms are calculated as cash ratio, current ratio, market value/book value, net profit margin, profit per share, active turnover rate, short term debt/asset ratio, short term financial debt / total debt, equity capital and gross main activity profit margin. Between these calculated rates and the closing prices of the stock, firstly the extreme values were taken into consideration and then the correlation values were analyzed by removing the extreme values. Finally, Granger causality analysis was conducted. results achieved. According to the correlation analysis; There is a significant relationship between the share price per share, short-term debt / short-term debt, short-term debt / short-term debt and return on equity. However, no significant relationship was found between the cash ratio, current ratio, market value / book value, net profit margin and gross operating profit margin ratios and stock market closure values. According to Granger causality analysis, it was found that there was no significant result.

Keywords: Energy Firms, Financial Ratios, Performance, Closing Prices


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