This report provides a critical evaluation of the financial performance of Lufthansa and Turkish Airlines. It begins with an introduction to financial statements and ratios, emphasizing their importance in assessing a company's financial health and guiding management decisions. The report then delves into a comparative analysis of the two airline companies, calculating and contrasting various financial ratios, including profitability (gross profit, net profit), liquidity (current ratio, quick ratio), and solvency (debt-equity ratio). The analysis covers the years 2013 to 2016, highlighting the trends and differences in financial performance between the two companies. The report provides detailed calculations and interpretations of these ratios, offering insights into each company's strengths and weaknesses, and concludes with a summary of the findings.
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