Measuring the Impact of Financial Leverage on Financial Performance Case Study a Sample of Algerian Cement Companies During the Period 2010-2016)

Abstract

This study aims to test the leverage impact of the financial on the financial performance
of a sample of Algerian cement companies, through the financial performance indicators of:
(ROA), (ROS), (DCA), (ROE), (RTA), where a sample selection made up of 12 companies for the
period (2010-2016), and to access the results of the study we adopted in our study on the method of
linear regression and simple matrix correlation using statistical programs 10 Eviews and SPSS20,
the study concluded there is a negative impact of the financial lifting on both (ROA relationship)
and ( ROS), and there is a relationship with a positive impact of the financial lifting on both (RTA)
and (DCA), while there is no effect on the financial lift (ROE) relationship, and to avoid
Altot Negative year leverage on the financial performance of the companies must Algerian cement
companies, working to achieve a balance between the sources of internal and external funding
under the use of loans to finance in order to increase profitability and avoid liquidity risk making
financial leverage positive impact on the financial performance of the companies.