العلاقة بين الأداء المالي والاستدامة المالية لمجمع صيدال خلال الفترة 2014 _ 2022

Abstract

The study aimed to analyze the relationship between financial performance indicators and financial sustainability in the Saidal complex during the period 2014-2022. Using the descriptive analytical approach and relying on correlation analysis, the study found a strong inverse relationship between the sustainable growth rate and profitability indicators (such as net profit and return on assets), indicating the complex's focus on maximizing profits at the expense of growth. Conversely, the study showed a positive relationship between the sustainable growth rate and debt financing, reflecting the complex's reliance on financial leverage to achieve expansion. The study also revealed challenges in asset utilization efficiency and a decline in financial profitability, necessitating a review of the financing structure and improvement of operational policies to ensure long-term financial sustainability.