The Role of Financial Ratios in Evaluating Financial Performance in Algeria

Abstract

This study aimed to evaluate the effectiveness of using financial ratios in analyzing the financial performance of Algerian economic institutions, focusing on the National Well Services Company during the period 2012–2021. A case study methodology was adopted, and a set of financial ratios was analyzed, including liquidity ratios, activity ratios, profitability ratios, financial structure ratios, and financial equilibrium indicators.