Pregledni rad

https://doi.org/10.31217/p.38.2.11

Analysing the Financial Ratios of the Companies in the Maritime Industry with Multivariate Statistical Techniques

Emrah Akdamar ; Bandırma Onyedi Eylül Üniversitesi Merkez Yerleşkesi, Denizcilik Fakültesi, Bandırma, Balıkesir, Türkiye
Ömür Kızılgöl ; Bandırma Onyedi Eylül Üniversitesi Merkez Yerleşkesi, Denizcilik Fakültesi, Bandırma, Balıkesir, Türkiye

Sažetak

This study aims to glance at the shipping sector in terms of financial ratios. To this end, 23 financial ratios were collected from each of the 223 companies worldwide and examined by factor analysis. Seven factors were spotted explaining 85% of the total variance. Subsequently, multidimensional scaling was conducted to analyse the sector on these seven factors. The findings demonstrate
profitability ratios as the biggest source of variability and as the reason for the differences among companies. The findings also show that the profitability ratios can be used for monitoring, early warning or decision making purposes for the shipping sector.

Ključne riječi

Financial ratios; Water transport and shipping sector; Factor analysis; Multidimensional scaling analysis

Hrčak ID:

324457

URI

https://hrcak.srce.hr/324457

Datum izdavanja:

19.12.2024.

Posjeta: 1.313 *