International Journal of Applied Research
Vol. 5, Issue 7, Part A (2019)
Studying the financial performance in the Algerian industrial company using: The kida and bildebreek model case study “RCA ROUIBA”
Walid Safi, Khenfri Kheider and Bournissa Meriem
This study aims to empirically testing the financial performance of RCA Rouiba Company during the period 2014-2016. And to achieve the objectives of the study, we used two global models for financial failure prediction: Kida and Bildebreek model, and a set of financial ratios, to determine the company financial failure in future.
The test results for the two models showed that RCA Company suffers from serious financial problems that can hinder problems that hinder its continuity. The study also revealed that the company has a serious management problems, mainly; the problem of managing financial resources (Treasury problem), which negatively affected their profitability during the three- year period of the study.
Lastly, the two models mentioned above are considered to be the most prominent global models in predicting financial failure of the company for next coming years. Thus, it is recommended to use these global models to determine their financial performance.
How to cite this article:
Walid Safi, Khenfri Kheider and Bournissa Meriem. Studying the financial performance in the Algerian industrial company using: The kida and bildebreek model case study “RCA ROUIBA”. International Journal of Applied Research. 2019; 5(7): 28-33.