IDEAS home Printed from https://ideas.repec.org/a/ora/journl/v1y2017i1p195-203.html
   My bibliography  Save this article

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
    as

    Download full text from publisher

    File URL: http://anale.steconomiceuoradea.ro/volume/2017/n1/18.pdf
    Download Restriction: no
    ---><---

    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)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kalaugher, Electra & Beukes, Pierre & Bornman, Janet F. & Clark, Anthony & Campbell, David I., 2017. "Modelling farm-level adaptation of temperate, pasture-based dairy farms to climate change," Agricultural Systems, Elsevier, vol. 153(C), pages 53-68.
    2. ANDONE Diana & FATACEAN Gheorghe & MINTEUAN Paul, 2017. "Performance In The Energy Industry. A Comparative Analysis Between Transelectrica S.A And Enel Spa," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 69(2), pages 19-29, August.
    3. Ioan Batrancea & Ioan-Dan Morar & Ema Masca & Sabau Catalin & Liviu Bechis, 2018. "Econometric Modeling of SME Performance. Case of Romania," Sustainability, MDPI, vol. 10(1), pages 1-15, January.
    4. Liton Chandro Sarkar, 2022. "Empirical Assessment on the Impact of Leverage and Capital Adequacy on Performance of Non-Bank Financial Institutions in Bangladesh," Athens Journal of Business & Economics, Athens Institute for Education and Research (ATINER), vol. 8(2), pages 159-176, April.
    5. Nicoleta Bărbuță-Mișu & Mara Madaleno & Vasile Ilie, 2019. "Analysis of Risk Factors Affecting Firms’ Financial Performance—Support for Managerial Decision-Making," Sustainability, MDPI, vol. 11(18), pages 1-19, September.
    6. Bambang Sutopo & Arum Kusumaningdyah Adiati & Purnama Siddi, 2021. "Is The Higher Debt Level Profitable for State-Owned Enterprises?," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 243-256.
    7. Ernesto Lopez‐Valeiras & Jacobo Gomez‐Conde & Teresa Fernandez‐Rodriguez, 2016. "Firm Size and Financial Performance: Intermediate Effects of Indebtedness," Agribusiness, John Wiley & Sons, Ltd., vol. 32(4), pages 454-465, November.
    8. Oh-Suk Yang & Jae-Hoon Han, 2023. "Assessing the Effect of Corporate ESG Management on Corporate Financial & Market Performance and Export," Sustainability, MDPI, vol. 15(3), pages 1-30, January.
    9. Madaleno Mara & Bărbuţă-Mişu Nicoleta, 2019. "The Financial Performance of European Companies: Explanatory Factors in the Context of Economic Crisis," Ekonomika (Economics), Sciendo, vol. 98(2), pages 6-18, December.
    10. Mu, Rui & Jong, Martin de & Koppenjan, Joop, 2011. "The rise and fall of Public–Private Partnerships in China: a path-dependent approach," Journal of Transport Geography, Elsevier, vol. 19(4), pages 794-806.
    11. Yang, Zhenbing & Chen, Zhuo & Shi, Qi & Yan, Bing, 2021. "Does outward foreign direct investment increase debt ratio? Firm-level evidence from China," Structural Change and Economic Dynamics, Elsevier, vol. 57(C), pages 1-12.
    12. Lin, Shuanglin & ROWE, Wei, 2006. "Determinants of the profitability of China's regional SOEs," China Economic Review, Elsevier, vol. 17(2), pages 120-141.
    13. Songqin Ye & Jiangjiarui Zeng & Feimei Liao & Jin Huang, 2021. "Policy Burden of State-Owned Enterprises and Efficiency of Credit Resource Allocation: Evidence from China," SAGE Open, , vol. 11(1), pages 21582440211, March.
    14. Nguyen Vinh Khuong & Dinh Thi Thu Thao, 2016. "The impact of capital structure choice on firm’s financial performance: An empirical analysis of delisted firms in Viet Nam," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 6(2), pages 42-54.

    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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ora:journl:v:1:y:2017:i:1:p:195-203. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catalin ZMOLE (email available below). General contact details of provider: https://edirc.repec.org/data/feoraro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.