مجلة افاق علوم الادارة والاقتصاد
Volume 7, Numéro 2, Pages 248-266
2024-01-27
Authors : Lahmar Maroua . Senouci Benabbou .
This research analyzes how fluctuations in oil prices impacted SONATRACH's financial health from 2016 to 2021 using Altman's Z-score model. The company maintained its situation in the gray zone even when the oil price dramatically decreased in 2016 showing a robust attitude of the firm. However, during the peak of the unexpected COVID-19 crisis, the oil price fell below $20, pushing the firm into the distress zone. Nevertheless, this distress situation did not persist for long, by 2021, it returned to the gray zone, indicating a potential improvement in its financial strength
Financial performance ; Oil prices; Z-score ; SONATRACH
بوسالم أحلام
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عابد يوسف
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ص 117-132.
Yahia Zeghoudi
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pages 74-88.
Elias Elhannani Farah
.
pages 889-902.
Said Houari Amel
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pages 257-268.