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Financial Performance Analysis In Listed Companies

Author

Listed:
  • Diana Andone

    (Faculty of Economics and Business Administration, Babes-Bolyai University, Cluj, Romania)

Abstract

The financial crisis which caused numerous bankruptcies is phenomenon that can repeat itself in the ensuing period. One of the causes that generated the phenomenon was, along with the mortgage-back securities, the insufficient attention devoted to industrial production in general and to profit in particular. The literature in the field points to the fact that companies’ managers need to take into account the means of obtaining profit as well as liquidity and leverage. This is why in this paper we focus on the profitability of the oil and gas companies which have been affected by the financial crisis. Profit and loss account comprises two components: the operating and financial flows of an enterprise over a period of time, usually the financial year. We can evidence the results of a company based on the annual reports during the fiscal period such as financial position, performance and cash flow. The paper conducts a comparative analysis of performance between two companies operating in the energy industry, OMV Petrom SA and ROMGAZ SA.

Suggested Citation

  • Diana Andone, 2017. "Financial Performance Analysis In Listed Companies," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 195-203, July.
    • Handle: RePEc:ora:journl:v:1:y:2017:i:1:p:195-203
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    File URL: http://anale.steconomiceuoradea.ro/volume/2017/n1/18.pdf
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    References listed on IDEAS

    as
    1. Beukes, P.C. & Gregorini, P. & Romera, A.J. & Dalley, D.E., 2011. "The profitability and risk of dairy cow wintering strategies in the Southland region of New Zealand," Agricultural Systems, Elsevier, vol. 104(7), pages 541-550, September.
    2. Yao, Juan & Alles, Lakshman, 2006. "Industry return predictability, timing and profitability," Journal of Multinational Financial Management, Elsevier, vol. 16(2), pages 122-141, April.
    3. Holz, Carsten A., 2002. "The impact of the liability-asset ratio on profitability in China's industrial state-owned enterprises," China Economic Review, Elsevier, vol. 13(1), pages 1-26.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Olimpia Livia Preda Buzgurescu, 2018. "He Sectoral Differences Between The Financial Performance Of The Romanian Companies," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 220-234, June.

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    More about this item

    Keywords

    assets; equity; funds; earnings; sales;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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