Financial Situation Analysis of Companies in the BIST Food and Beverage Index

Alper Ova

Makale detayları

Financial Situation Analysis of Companies in the BIST Food and Beverage Index

Yazarlar:

Alper Ova

Yayıncı:

Kirsehir Ahi Evran University

Ana Başlıklar:

İşletme

Dergi:

Ahi Evran Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Vol.9 Issue 3, pp.670-682

Belge Tipi:

Makale

Yayın Tarihi:

11/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001304492

pISSN:

2149-0767

Anahtar kelimeler:

Özet:

 People maintain their vital activities by consuming food and beverage. If the need for food and beverage is not produced in the country, it is met by importing. This can have a negative impact on the countrys economy. In this study, the financial status of the companies in the BIST food and beverage index was examined with the Altman Z-score model. The results of the study show that the companies in the index generally display a financially sound image. The percentage of companies in the safe zone was 44.4 in 2018, 60.7 in 2019, 66.7 in 2020 and 62.5 in 2021. However, the percentage of companies in the risky zone was 22.2 in 2018, 14.3 in 2019, 11.1 in 2020 and 4.2 in 2021. In addition, while the average Z score of the companies in the index was 1.58 in 2018, it was 2.42 in 2019, 3.75 in 2020 and 3.71 in 2021. The median value of Z scores was 2.54 in 2018, 2.90 in 2019, 3.52 in 2020 and 2.83 in 2021. When the scores on a firm basis and the percentage of firms in the risky zone are analyzed, it is understood that the general outlook of the firms in the BIST food and beverage index is positive.

 People maintain their vital activities by consuming food and beverage. If the need for food and beverage is not produced in the country, it is met by importing. This can have a negative impact on the countrys economy. In this study, the financial status of the companies in the BIST food and beverage index was examined with the Altman Z-score model. The results of the study show that the companies in the index generally display a financially sound image. The percentage of companies in the safe zone was 44.4 in 2018, 60.7 in 2019, 66.7 in 2020 and 62.5 in 2021. However, the percentage of companies in the risky zone was 22.2 in 2018, 14.3 in 2019, 11.1 in 2020 and 4.2 in 2021. In addition, while the average Z score of the companies in the index was 1.58 in 2018, it was 2.42 in 2019, 3.75 in 2020 and 3.71 in 2021. The median value of Z scores was 2.54 in 2018, 2.90 in 2019, 3.52 in 2020 and 2.83 in 2021. When the scores on a firm basis and the percentage of firms in the risky zone are analyzed, it is understood that the general outlook of the firms in the BIST food and beverage index is positive.

 People maintain their vital activities by consuming food and beverage. If the need for food and beverage is not produced in the country, it is met by importing. This can have a negative impact on the countrys economy. In this study, the financial status of the companies in the BIST food and beverage index was examined with the Altman Z-score model. The results of the study show that the companies in the index generally display a financially sound image. The percentage of companies in the safe zone was 44.4 in 2018, 60.7 in 2019, 66.7 in 2020 and 62.5 in 2021. However, the percentage of companies in the risky zone was 22.2 in 2018, 14.3 in 2019, 11.1 in 2020 and 4.2 in 2021. In addition, while the average Z score of the companies in the index was 1.58 in 2018, it was 2.42 in 2019, 3.75 in 2020 and 3.71 in 2021. The median value of Z scores was 2.54 in 2018, 2.90 in 2019, 3.52 in 2020 and 2.83 in 2021. When the scores on a firm basis and the percentage of firms in the risky zone are analyzed, it is understood that the general outlook of the firms in the BIST food and beverage index is positive.

 İnsanlar yaşamsal faaliyetlerini gıda ve içecek tüketerek sürdürürler. Gıda ve içecek ihtiyacı ülke içinde üretilmezse ithal edilerek giderilir. Bu da ülke ekonomisine negatif bir etki yapabilir. Bu çalışmada BIST gıda ve içecek endeksinde yer alan şirketlerin finansal durumları Altman Z-skor modeliyle incelenmiştir. Çalışma sonuçları, endekste yer alan şirketlerin genel olarak finansal açıdan sağlam bir görüntü sergilediğini göstermektedir. Güvenli bölgede yer alan şirket yüzdesi 2018 yılında 44.4, 2019 yılında 60,7, 2020 yılında 66,7 ve 2021 yılında 62,5 olmuştur. Bununla beraber, riskli bölgede yer alan şirket yüzdesi 2018 yılında 22,2, 2019 yılında 14,3, 2020 yılında 11,1 ve 2021 yılında 4,2 olmuştur. Ayrıca endeksteki şirketlerin ortalama Z skoru 2018 yılında 1,58 olurken, 2019 yılında 2,42, 2020 yılında 3,75 ve 2021 yılında 3,71 olmuştur. Z skorlarının medyan değeri ise 2018 yılında 2,54, 2019 yılında 2,90, 2020 yılında 3,52 ve 2021 yılında ise 2,83 olmuştur. Firma bazında skorlar ve riskli bölgedeki firma yüzdesi analiz edildiğinde, BIST gıda ve içecek endeksindeki firmaların genel görüntüsünün olumlu olduğu anlaşılmaktadır.

Makale detayları

Financial Situation Analysis of Companies in the BIST Food and Beverage Index

Yazarlar:

Alper Ova

Yayıncı:

Kirsehir Ahi Evran University

Ana Başlıklar:

İşletme

Dergi:

Ahi Evran Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Vol.9 Issue 3, pp.670-682

Belge Tipi:

Makale

Yayın Tarihi:

11/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001304492

pISSN:

2149-0767

Food and beverage industry

Altman Z"-score

Financial DistressGıda ve İçecek Endüstrisi

Altman Z''-skor

Finansal Sıkıntı

Sayı

Makale detayları

Financial Situation Analysis of Companies in the BIST Food and Beverage Index

Yazarlar: Alper Ova

Yayıncı: Kirsehir Ahi Evran University

Ana Başlıklar: İşletme

Dergi: Ahi Evran Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Vol.9 Issue 3, pp.670-682

Belge Tipi: Makale

Yayın Tarihi: 11/2023

Belge Dili: Türkçe

Document ID (Org No.): 2001304492

pISSN: 2149-0767

Food and beverage industry

Altman Z"-score

Financial DistressGıda ve İçecek Endüstrisi

Altman Z''-skor

Finansal Sıkıntı

Sayı

Yazarlar:

Alper Ova

Yayıncı:

Kirsehir Ahi Evran University

Ana Başlıklar:

İşletme

Dergi:

Ahi Evran Üniversitesi Sosyal Bilimler Enstitüsü Dergisi Vol.9 Issue 3, pp.670-682

Belge Tipi:

Makale

Yayın Tarihi:

11/2023

Belge Dili:

Türkçe

Document ID (Org No.):

2001304492

pISSN:

2149-0767