FINANCIAL PERFORMANCE OF LEASING COMPANIES BETWEEN 2011-2020
Abstract
Financial leasing is one of the fundraising methods of global financial systems. It is preferred especially in times of financial uncertainty and crisis. In this study, developments in the financial leasing sector in the last ten years have been analyzed. In this regard, first of all, data regarding the financial leasing sector was obtained from the websites of companies and related institutions. Afterwards, ten-year basic indicators of the financial leasing sector were analyzed. Finally, ratio analysis was performed with the data obtained from the financial statements of the financial leasing sector. As a result, although the number of companies in the financial leasing sector has decreased, it has been observed that the sector continues to grow financially. In addition, it has been determined that the financial leasing sector is affected by the developments in its target markets.
Keywords
Asset Profitability Rate , Equity Profitability Rate , Leasing , Trend Analysis
Kaynakça
- Abu Orabi, M.M. (2014). The Impact of Leasing Decisions on the Financial Performance of Industrial Companies, Global Journal of Management and Business Research, 14 (2): 25-44.
- Akel, V., Ergül, N. ve Dumanoğlu, S. (2010), İMKB’DE İşlem Gören Finansal Kiralama Şirketlerinin 2005-2008 Dönemi Finansal Performanslarının Değerlendirilmesi, Marmara Üniversitesi İ.İ.B.F.Dergisi, 18(1), ss.271-292.
- Aktaş, R., Karğın, S. Ve Arıcı, N. D. (2017). Yeni Kiralamalar Standardı UFRS 16’nın Getirdiği Yenilikler ve İşletmelerin Finansal Tablolarına ve Finansal Oranlarına Olası Etkilerinin Değerlendirilmesi, İşletme Araştırmaları Dergisi, 9(4), 858-881.
- Alam, H. M., Raza, A., Farhan, M. ve Akram, M. (2011). Leasing Industry in Pakistan: A Comparison ofFinancial Performance ofLeasing Companies, International Journal of Business and Social Science, 2 (10): 218-223.
- Altıntaş, T. ve Sarı, E. S. (2012), KDV Oranlarındaki Değişikliğin Türk Finansal Kiralama Sektörüne Etkisi, Mali Çözüm Dergisi, Kasım-Aralık, ss.85-97.
- Bathala, C.T. ve Mukherjee, T.K. (1995). A Surveyof Leasing in Small Firms, Journal of Small Business Finance, 4 (2/3):113-127.
- Beattie, V., Edwards, K., & Goodacre, A. (1998). The Impact Of Constructive Opareting Lease Capitalisation On Key Accounting Ratios. Accounting and Business Research, 28(4), 233-254.
- Bennett, B. K., & Bradbury, M. E. (2003). Capitalizing Non-Cancelable Operating Leases. Journal of International Financial Management and Accounting, 14 (2), 101–114.
- Bohušová, H. (2015). Is Capitalization Of Operating Lease Way To İncrease Of Comparability Of Financial Statements Prepared In Accordance With IFRS And US GAAP?. Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 63(2), 507-514
- Bostwick, E. D., Fahnestock, R. T., & O'Keefe, W. T. (2013). Effects Of Lease Capitalization Techniques On Key Measures Of Financial Performance. Journal of Finance & Accountancy, 12, 91-102.