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Journals / JOEEP: Journal of Emerging Economies and Policy / 2026 / Cilt: 9 Sayı: 1

The Effect of Debt Structure and Profitability on Financial Success: A Research on BIST Bank Index

Borçlanma Yapısı ve Kârlılığın Finansal Başarı Üzerindeki Etkisi: BIST Banka Endeksi Üzerine Bir Araştırma

Çağatay Mirgen(MİLLİ SAVUNMA ÜNİVERSİTESİ, KARA ASTSUBAY MESLEK YÜKSEKOKULU, MÜDÜRLÜK)0000-0002-0970-0121
Pages
91–100
Publication Date
2024-06-30
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

According to the findings, it was concluded that Return on Assets and Current Ratio positively affect financial success for BIST Bank companies.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Excessive borrowing can lead to liquidity problems for companies.
📊
Key Findings & Data:Optimal borrowing can increase profitability.
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Conclusion & Impact:According to the findings, it was concluded that Return on Assets and Current Ratio positively affect financial success for BIST Bank companies.
🔬Design:Araştırma Makalesi
📍Scope:Comprehensive Sample
⚙️Variables:Borçlanma Yapısı · Kârlılık · Finansal Başarı

Abstract

Excessive borrowing can lead to liquidity problems for companies. Optimal borrowing can increase profitability. For investors, these indicators can be a source that reveals the financial performance of companies and can be taken into account when making investment decisions. In the study, the effect of debt structure and profitability on financial success was tested with panel data analysis for BIST Bank companies. To measure financial success, Piotroski used the F-Score. In the debt structure, short and long-term debts, gross profit and return on assets ratio are taken as basis for profitability. The current ratio is also included in the analysis. According to the findings, it was concluded that Return on Assets and Current Ratio positively affect financial success for BIST Bank companies. However, no statistically significant relationship could be detected between short and long-term debt, gross profit and financial success.

Özet

Aşırı borçlanma şirketler için likidite sorunlarına yol açabilirken, optimal borçlanma kârlılığı artırabilmektedir. Yatırımcılar için bu göstergeler şirketlerin finansal performansını ortaya koyan birer kaynak olabilmekte ve yatırım kararı verirken dikkate alınabilmektedir. Çalışmada borçlanma yapısı ve kârlılığın finansal başarı üzerindeki etkisi BIST Banka şirketleri için panel veri analizi ile test edilmiştir. Finansal başarıyı ölçmek için Piotroski F-Skor kullanmıştır. Borçlanma yapısında, kısa ve uzun vadeli borçlar, kârlılık için brüt kâr ve aktif kârlılık oranı esas alınmıştır. Ayrıca cari oran da analize dahil edilmiştir. Elde edilen bulgulara göre BIST Banka şirketleri için Aktif Kârlılık ve Cari Oran’ın finansal başarıyı olumlu yönde etkilediği sonucuna ulaşılmıştır. Ancak kısa, uzun vadeli borç, brüt kâr ile finansal başarı arasında istatistiksel olarak anlamlı bir ilişki tespit edilememiştir.

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Cite This Article

Mirgen, Ç. (2024). The Effect of Debt Structure and Profitability on Financial Success: A Research on BIST Bank Index. JOEEP: Journal of Emerging Economies and Policy, Cilt: 9 Sayı: 1, 91–100. https://ajindex.com/articles/1504254

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