img
img
Financial Risk Analysis in Renewable Energy Companies   
Yazarlar (2)
Doç. Dr. Faruk DAYI Doç. Dr. Faruk DAYI
Kastamonu Üniversitesi, Türkiye
Nasreddın Adaıem
Devamını Göster
Özet
Global energy demand increases every year. It is needed new energy sources. Renewable energy companies play an essential role in producing or storing alternative energy sources. As they have high assets and liabilities, there can be financial risk. This study examined the financial risks of alternative energy companies for Alternative Energy Foreign Equity Fund. It comprises publicly traded renewable energy companies operating in different countries. The study employed the least-squares method for a panel data analysis of financial ratios calculated from companies' financial statements between 2017 and 2021. The data were obtained from the Wall Street Journal Market database, Yahoo Finance, and the companies' financial statements. Financial expenses coverage ratio and financing ratios were included in the model to examine the financial structure. Financial risk ratio, financial leverage ratio, and total assets were included in the model to evaluate the financial risk status of the companies. The results showed that financial risk ratio, capital structure, financing costs, and debt repayment ability affected alternative energy companies' performance.
Anahtar Kelimeler
Makale Türü Özgün Makale
Makale Alt Türü Diğer hakemli uluslarası dergilerde yayınlanan tam makale
Dergi Adı Quantrade Journal of Complex Systems in Social Sciences
Dergi ISSN 2687-5098
Dergi Tarandığı Indeksler Asos İndeks, Research Bible, ROAD, SIS, DRJI, ISI
Makale Dili İngilizce
Basım Tarihi 12-2022
Cilt No 4
Sayı 2
Sayfalar 44 / 50
Doi Numarası 10.5281/zenodo.7432553
Makale Linki https://dergipark.org.tr/en/download/article-file/2759502
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Google Scholar 4
Financial Risk Analysis in Renewable Energy Companies

Paylaş