Classification of Financial Ratios for BIST Manufacturing Sector Companies By Principal Axis Factor Analysis

Raad Hasan Abdo Naji Al-galal; Ümran Münire Kahraman

Makale detayları

Classification of Financial Ratios for BIST Manufacturing Sector Companies By Principal Axis Factor Analysis

Yazarlar:

Raad Hasan Abdo Naji Al-galal | Ümran Münire Kahraman

Yayıncı:

Necmettin Erbakan University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler

Dergi:

Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi Vol.6 Issue 2, pp.436-447

Belge Tipi:

Makale

Yayın Tarihi:

12/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001332325

pISSN:

2667-8063

Anahtar kelimeler:

Özet:

 It can be said that financial analysis is an unavoidable requirement for companies. A companys board of directors, investors, creditors and anyone else interested in the company can use financial analysis to reveal the true financial position of the company. There are various methods for financial analysis, the most common of which is the analysis of financial ratios. There are many financial ratios in the literature and many of them are correlated. It is more advantageous for statistical analyses to derive a small number of new variables that explain a large portion of the variance of an aggregate of variables. This study aims to classify financial ratios for BIST Manufacturing Sector Companies using principal axis factor analysis and express them as new independent variables. As a result, five factors were extracted using principal axis factor analysis method and 22 financial ratios were distributed to these five factors. By reading the factor saturation results, it was determined that the number of saturated financial ratios appropriate for the sample size was 16 financial ratios.

 It can be said that financial analysis is an unavoidable requirement for companies. A companys board of directors, investors, creditors and anyone else interested in the company can use financial analysis to reveal the true financial position of the company. There are various methods for financial analysis, the most common of which is the analysis of financial ratios. There are many financial ratios in the literature and many of them are correlated. It is more advantageous for statistical analyses to derive a small number of new variables that explain a large portion of the variance of an aggregate of variables. This study aims to classify financial ratios for BIST Manufacturing Sector Companies using principal axis factor analysis and express them as new independent variables. As a result, five factors were extracted using principal axis factor analysis method and 22 financial ratios were distributed to these five factors. By reading the factor saturation results, it was determined that the number of saturated financial ratios appropriate for the sample size was 16 financial ratios.

 It can be said that financial analysis is an unavoidable requirement for companies. A companys board of directors, investors, creditors and anyone else interested in the company can use financial analysis to reveal the true financial position of the company. There are various methods for financial analysis, the most common of which is the analysis of financial ratios. There are many financial ratios in the literature and many of them are correlated. It is more advantageous for statistical analyses to derive a small number of new variables that explain a large portion of the variance of an aggregate of variables. This study aims to classify financial ratios for BIST Manufacturing Sector Companies using principal axis factor analysis and express them as new independent variables. As a result, five factors were extracted using principal axis factor analysis method and 22 financial ratios were distributed to these five factors. By reading the factor saturation results, it was determined that the number of saturated financial ratios appropriate for the sample size was 16 financial ratios.

 Finansal analizin şirketler için kaçınılmaz bir gereklilik olduğu söylenebilir. Bir şirketin yönetim kurulu, yatırımcıları, alacaklıları ve şirketle ilgilenen diğer herkes, şirketin gerçek mali durumunu ortaya çıkarmak için mali analizi kullanabilir. Finansal analiz için çeşitli yöntemler vardır, bunlardan en yaygın olanı finansal oranların analizidir. Literatürde birçok finansal oran vardır ve bunların birçoğu birbiriyle ilişkilidir. Bir değişkenler toplamının varyansının büyük bir kısmını açıklayan az sayıda yeni değişken türetmek istatistiksel analizler için daha avantajlıdır. Bu çalışmanın amacı, temel eksen faktör analizi kullanarak BIST İmalat Sektörü Şirketleri için finansal oranları sınıflandırmak ve bunları yeni bağımsız değişkenler olarak ifade etmektir. Sonuç olarak, temel eksen faktör analizi yöntemi kullanılarak beş faktör çıkarılmış ve 22 finansal oran bu beş faktöre dağıtılmıştır. Faktör doygunluk sonuçları okunarak örneklem büyüklüğüne uygun doymuş finansal oran sayısının 16 finansal oran olduğu tespit edilmiştir.

Makale detayları

Classification of Financial Ratios for BIST Manufacturing Sector Companies By Principal Axis Factor Analysis

Yazarlar:

Raad Hasan Abdo Naji Al-galal | Ümran Münire Kahraman

Yayıncı:

Necmettin Erbakan University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler

Dergi:

Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi Vol.6 Issue 2, pp.436-447

Belge Tipi:

Makale

Yayın Tarihi:

12/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001332325

pISSN:

2667-8063

Financial ratio analysis

Principal axis component analysis

BIST

Manufacturing sectorFinansal Oranlar

Temel Eksen Faktör Analizi

BIST

Sayı

Makale detayları

Classification of Financial Ratios for BIST Manufacturing Sector Companies By Principal Axis Factor Analysis

Yazarlar: Raad Hasan Abdo Naji Al-galal | Ümran Münire Kahraman

Yayıncı: Necmettin Erbakan University

Ana Başlıklar: Ekonometrik ve İstatistiksel Yöntemler

Dergi: Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi Vol.6 Issue 2, pp.436-447

Belge Tipi: Makale

Yayın Tarihi: 12/2024

Belge Dili: İngilizce

Document ID (Org No.): 2001332325

pISSN: 2667-8063

Financial ratio analysis

Principal axis component analysis

BIST

Manufacturing sectorFinansal Oranlar

Temel Eksen Faktör Analizi

BIST

Sayı

Yazarlar:

Raad Hasan Abdo Naji Al-galal | Ümran Münire Kahraman

Yayıncı:

Necmettin Erbakan University

Ana Başlıklar:

Ekonometrik ve İstatistiksel Yöntemler

Dergi:

Necmettin Erbakan Üniversitesi Siyasal Bilgiler Fakültesi Dergisi Vol.6 Issue 2, pp.436-447

Belge Tipi:

Makale

Yayın Tarihi:

12/2024

Belge Dili:

İngilizce

Document ID (Org No.):

2001332325

pISSN:

2667-8063