ANALYSIS OF FINANCIAL PERFORMANCE OF A PRIVATE HEALTH CARE BUSINESS BY RATIO ANALYSIS METHOD
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Keywords:Health Services, Healthcare Business, Financial Analysis, Ratio Analysis
In this study, the financial performance of a private health business is analyzed by ratio analysis method using the data in the balance sheet and income statement for the years 2017-2018-2019. There are many different calculation methods within the scope of ratio analysis and the calculations made for many of them are presented in tables in this study. However, in the evaluation and interpretation of the performance of the business, the results obtained with one calculation method selected for each calculation group are analyzed comparatively according to the years. According to the results of the analyses, it is understood that the enterprise is not cash-strapped, has a strong financial structure, achieves profit maximization in sales and its assets are in a growth trend. The company should invest more in its fixed assets, take necessary measures to avoid cash shortages, and use its cash and cash equivalents efficiently and effectively.
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