Enflasyonun İşletmelerin Finansal Oranlarına Etkisi: BIST İmalat Sektöründe Bir Uygulama (Nicel Araştırma)

Inflation has many effects on businesses such as increasing the cost of financing. In addition, the amounts in the financial statements of the enterprises become meaningless. Because they do not reflect the truth during the inflation periods. Inflation's impact on financial statements and inflation accounting are a widely studied topic. However, many sources have not mentioned the effect of inflation on financial rates. The purpose of this research; It is the determination of the effect of inflation on financial ratios. In this study, the rates were calculated from the financial statements of companies in the BIST manufacturing sector in 2013-2018. The inflation rates obtained from CPI and D- PPI were used to representing the inflation rate. As the research results, inflation has been found to have a negative effect on liquidity ratios and profit margin and equity ratio.