أثر مخرجات التحليل المالي على المخاطر النظامية للأسهم السعودية : دراسة تحليلية للشركات الصناعية المدرجة في سوق الأوراق المالية السعودية

Abstract EN

This study aims to investigate the effect of some of financial analysis outcomes -like Debt/Asset Ratio, Current Ratio, and Rate of Return on Equity- on the systematic risk of Saudi Arabian industrial corporations’ stocks represented by Beta Coefficients of these stocks.

Using the data of industrial corporations listed in Saudi Arabian Stock Exchange during June 2006 until July 2011, this study found that there was a significant effect of each of corporation’s average debt ratios, average current ratio, and average rate of return on equity, on corporation’s systematic risks.

The study found that over 51% of variation in industrial stocks systematic risk is due to variations in each of average debt ratio, average current ratio, and average rate of return on equity of these corporations.