Abstract:

In this study, DuPont Financial Analysis Method is used to evaluate the financial performance of a group of hospitals traded on Borsa Istanbul from 2015 to 2019. Profitability ratios are compared with the average profitability ratio of Turkey's private hospitals. It is found that the profit rates of the hospital group are negative between 2015 and 2018, as well as a decrease in equity, high use of foreign resources, high costs and expenses, and the net profit is negatively affected. In 2019, it is determined that the profitability ratios are positive, however the equity is low, the use of foreign resources is high, and the costs and expenses are high. It is determined that DuPont profitability ratios of hospital group in 2015-2018 are below the average in Turkey, while they are above the average in 2019. In this context, it is recommended that the hospital group take measures to reduce the use of foreign resources, increase the use of equity, and reduce costs and expenses.

Keywords: