Investigation of the relationship between financial success and financial ratios and measurement of financial sustainable success with the fuzzy logic method

Financial success is one of the issues that companies and their stakeholders attach importance to. The financial success of a company is a situation that pleases its managers, employees, partners and credit institutions, in short, all its stakeholders. In this study, a logistic regression model was used to analyze the relationship between financial success and financial ratios of companies traded in Borsa Istanbul. In the model created, it has been determined that 11 of the 16 financial ratios are high, while increasing the probability of financial success, while 5 of them decrease the probability of financial success. Fuzzy logic method was used to classify companies according to their financial sustainability levels. With the created method, an indicator was created that measures the relative financial sustainability levels of companies. In this indicator, it was determined which aspects of the companies were stronger. A ranking was created for 110 companies according to their financial sustainability levels.