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Bibliographic Details
Main Author: Arzu Özmerdivanlı
Format: Recurso digital
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Published: Zenodo 2025
Online Access:https://doi.org/10.5281/zenodo.14975888
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  • <p><span>This study aims to analyze companies listed in the ISE Financial Leasing and Factoring Index. In this context, the financial performances of seven companies were analyzed for the 2020-2024 period using financial statement data. The key financial ratios considered include operating income/operating expenses, other operating income/other operating expenses, net profit/total assets, net profit/total equity, total liabilities/total assets, non-performing loans/total assets, leasing or factoring receivables/total equity, and financing expenses/total liabilities. These ratios were analyzed using the ENTROPY and ARAS methods. The findings derived from the ENTROPY method indicate that the most critical criterion for leasing and factoring companies during the 2020-2024 period was the ratio of other operating income to other operating expenses. Given the results achieved from the ARAS method, the highest-performing companies were found to be Ulusal Factoring in 2020, Creditwest Factoring in 2021, and Lider Factoring in 2022, 2023, and 2024. Furthermore, the ARAS method results revealed that Lider Factoring ranked lowest in 2020, Garanti Factoring in 2021, Creditwest Factoring in 2022 and 2023, and Şeker Leasing in 2024</span></p>