The role of financial balance indicators in assessing the financial performance of the algerian hydrocarbon insurance company an analytical study for the period 2021-2023

• Autores: Manel Mansour, Abdelkrim Ferhat, Ahmed Omane
• Localización: International Journal of Professional Business Review: Int. J. Prof.Bus. Rev., ISSN 2525-3654, ISSN-e 2525-3654, Vol. 9, Nº. 11, 2024 (Ejemplar dedicado a: Continuous publication; e05085)
• Idioma: inglés
• DOI: 10.26668/businessreview/2024.v9i11.5126
• Enlaces
  • Texto completo (pdf)
• Resumen

  • Objective: This study aims to evaluate the financial performance of the Algerian Company for Hydrocarbon Insurance from 2021 to 2023 using financial balance indicators. The goal is to identify strengths and weaknesses to guide future improvements.

      Theoretical Framework: The study is based on financial performance evaluation theories, focusing on financial balance indicators to assess profitability, stability, and growth. It integrates financial analysis tools and techniques to provide a comprehensive view of organizational health.

      Method: A descriptive-analytical approach was adopted, combining theoretical analysis of financial performance concepts with a case study of the company. Data were collected from the company's annual reports and field studies conducted at its central management in Algiers.

      Results and Discussion: The findings reveal that the company has maintained strong financial balance indicators, ensuring financial independence and stability. Turnover showed consistent growth during the study period, highlighting operational efficiency, though further monitoring is recommended to sustain performance.

      Research Implications: The study emphasizes the importance of regular financial performance monitoring using analytical tools. It provides practical insights for similar companies seeking to enhance financial stability and strategic decision-making.

      Originality/Value: This study offers a unique analysis of the Algerian hydrocarbon insurance sector, providing valuable benchmarks for financial performance evaluation and actionable recommendations for continuous improvement.

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