المجلة الجزائرية للعولمة و السياسات الاقتصادية

Evaluating The Financial Performance Of Algerian Stock Exchange-listed Firms Using The Kida Model: A Comparative Study Of Saidal And Biopharm

Auteurs : Chabou Rania .

Résumé

This study aims to assess the usefulness of the KIDA model in evaluating the financial health of firms listed on the Algerian Stock Exchange. The empirical analysis focuses on two listed pharmaceutical companies, Saidal Group and Biopharm. The study seeks to compare their financial performance and assess their financial condition over the study period. Over the eight-year period from 2018 to 2025, the KIDA-based assessments did not consistently provide a conclusive indication of the financial condition of the selected firms. Despite this limitation, the study contributes to the literature on financial performance evaluation and financial distress prediction by examining the applicability of the KIDA model to listed firms in an emerging-market context.

Mots clés

Financial Performance Evaluation ; Kida Model ; Financial Failure