Analisis Rasio Keuangan Dalam Mengukur Kinerja PT. Adira Dinamika Multi Finance tbk

Abstract: Financial condition will reflect how the performance of the company . Assess the financial performance of the company's goal is to evaluate and improve the state perusahaannya.Untuk measure the financial performance of the company can use financial ratios such as liquidity , solvency , activity and profitability .The purpose of this study is : 1 ) To determine the performance of PT . Adira Multi Finance Tbk terms of liquidity ratios , 2 ) To determine the performance of PT . Adira Multi Finance Tbk terms of solvency ratios , 3 ) To determine the performance of PT . Adira Multi Finance Tbk in terms of the activity ratios and 4 ) To determine the performance of PT. Adira Multi Finance Tbk in terms of the profitability ratio.The analytical method used is the method of comparison is to compare the company's financial ratios with industry standard ratio norm. Based on the analysis of the data obtained it was concluded that : 1 ) The company's performance in terms of the last two year Quick Ratios, has decreased but is generally still above standard industry norms. Means the company still Ilikuit. 2 ) corporate performance in terms of the solvency ratio Debt to Equity Ratio in a state insolvabel, and in terms of Debt to Total Assets Ratio also insolvabel. 3 ) company performance in terms of the ratio of the activity under standard industry norm, so it is said company 's effective yet efficient in utilizing all its assets to finance consumer and 4 ) corporate performance in terms of profitability Economical ( ROA ) in the last two years decreased, although the first 2 years is still above the industry standard norm, while in terms of their own capital profitability ( ROE ) at 2 years terakir sharp decline and fall below the standard norm industi. Means the company has not been efficient and effective in generating income through all sources of funding available. Keywords: performance , liquidity , solvency , activity and profitability.

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Analisis Rasio Likuiditas, Solvabilitas, dan Profitabilitas Untuk Mengukur Kinerja Keuangan Pada PT Martina Berto Tbk Periode 2014-2018

Jurnal Riset Bisnis dan Investasi ◽

10.35313/jrbi.v7i2.2301 ◽

2021 ◽

Vol 7 (2) ◽

pp. 69-79

Author(s):

Nida Auliana Umami ◽

Ayu Febriyanti Safitri

Keyword(s):

Financial Performance ◽

Financial Statements ◽

Financial Statement ◽

Financial Ratios ◽

Financial Condition ◽

Industry Standard ◽

Equity Ratio ◽

Solvency Ratio ◽

Profitability Ratios ◽

Descriptive Method

Financial statement analysis is one way to find out the condition of the company, financial ratios are one of the tools used to analyze financial statements. The purpose of this study is to determine the financial condition through the analysis of liquidity ratios, solvency, and profitability as well as the constraints that occur in financial performance and solutions made by the company. The method used in this research is descriptive method. The data was studied in the form of financial statements of PT. Martina Berto Tbk for 2014-2018. Based on the results, it can be concluded that the liquidity ratio is healthy because the current, fast, and INWC ratio is above the industry standard. The solvency ratio is healthy because the debt to equity ratio and LTDtER are above the standard. While the profitability ratios are declared unhealthy because the ratios of NPM, ROA, and ROE are below the standard.

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Pengunaaan Analisis Rasio dalam Pengukuran Kinerja Keuangan Perusahaan pada PT. Gudang Garam Tbk

Jurnal Riset Inspirasi Manajemen dan Kewirausahaan ◽

10.35130/jrimk.v3i1.49 ◽

2019 ◽

Vol 3 (1) ◽

pp. 43-48

Author(s):

Sayekti Suindah Dwiningwarni ◽

Judi Suharsono ◽

Dian Yuliana Safitri

Keyword(s):

Financial Performance ◽

Descriptive Analysis ◽

Company Performance ◽

Quantitative Descriptive Analysis ◽

Financial Condition ◽

Short And Long Term ◽

Quantitative Descriptive ◽

Solvency Ratio ◽

Profitability Ratios

The motivation of this research is research (Rosini & Gunawan 2018; B.Batchimeg 2017). In addition, the motivation of this study also continued the research of Sayekti Suindyah Dwiningwarni (1997). The purpose of this study (1) to analyze the development of corporate financial performance from solvency and profitability ratios; (2) to analyze the measurement of the company's financial performance using solvency and profitability ratios. This research uses quantitative descriptive analysis method.The results of the study (1) the development of the company's financial performance in terms of solvency ratios experienced good development, this is indicated by the value of the solvency ratio that is getting better / better in fulfilling both short and long term obligations; (2) the development of the company's financial performance in terms of profitability ratios from experiencing good development, this is indicated by the value of the profitability ratio that is getting better / better in generating profits or profits; (3) measurement of company performance in terms of solvency ratio shows solvable conditions, meaning the assets is greater than the debt. (4) measurement of company performance in terms of profitability ratios shows good conditions, meaning the level of profits obtained from year to year has increased. This means that the company is in good financial condition and sovabel.

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Analisis Laporan Keuangan Sebagai Alat untuk Menilai Kinerja Keuangan Perusahaan pada PT Multi Bintang Indonesia Tbk

Jurnal Ilmiah Akuntansi dan Keuangan ◽

10.32639/jiak.v9i2.423 ◽

2020 ◽

Vol 9 (2) ◽

pp. 83-95

Author(s):

Yulida Army Nurcahya ◽

Rizky Puspita Dewi

Keyword(s):

Financial Performance ◽

Good Condition ◽

Return On Assets ◽

Return On Equity ◽

Financial Condition ◽

Total Debt ◽

Equity Ratio ◽

Analytical Tools ◽

Solvency Ratio ◽

Profitability Ratios

This study aims to analyze the financial performance of PT. Multi Bintang Indonesia Tbk in 2016, 2017 and 2018. The analytical tools used in this study are liquidity ratios (current ratios and fast ratios), solvency ratios (ratio of total debt to assets and total debt to equity) ratios), and profitability ratios (return on investment and return on equity). The results of the current ratio and quick ratio research in 2017 show that the company's financial condition is quite good, because the debt is less than the assets and profits obtained. Whereas in 2016 and 2018, the company's financial condition was not good because of higher debt. The quick ratio in 2016 shows that the company's financial condition is not good. Based on the measurement of the solvency ratio, an increase in the total debt to asset ratio and the total debt equity ratio in 2016 and 2018 indicate that the financial condition is not in good condition. Judging from the profitability ratio, the decrease in return on assets and return on equity in 2016 and 2018 shows that the company's financial performance is not good because the ratios are not maximized in generating profits.

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Analisis Kinerja Keuangan Perusahaan pada PT. Japfa Comfeed Indonesia Tbk

J-MAS (Jurnal Manajemen dan Sains) ◽

10.33087/jmas.v5i2.182 ◽

2020 ◽

Vol 5 (2) ◽

pp. 203

Author(s):

Jezzyca Ria Paramita ◽

Iwan Eka Putra ◽

Abd Halim ◽

Ermaini Ermaini

Keyword(s):

Financial Performance ◽

Secondary Data ◽

Financial Statements ◽

Bankruptcy Prediction ◽

Financial Ratios ◽

Z Score ◽

Financial Ratio ◽

Financial Condition ◽

Score Method ◽

Solvency Ratio

Financial performance is an overview of how a company's financial condition is. To assess financial performance is used with a benchmark commonly called financial ratios. Financial ratios used are usually such as profitability ratio, liquidity ratio and solvency ratio. in addition to using financial ratios, the company can also use the Altman Z-Score method to assess the level of the company's bankruptcy prediction. This research aims to find out the financial performance of PT Japfa Comfeed Indonesia Tbk as well as the company's future bankruptcy predictions. the research method used is quantitative analysis based on secondary data taken from the Financial Statements of PT Japfa Comfeed Indonesia Tbk for the period 2014 to 2019. The results of the study are measurements of the company's financial ratio showing sufficient value while measurements using the company's Altman Z-Score method show healthy value which means it does not go into bankruptcy.

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ANALISIS RASIO KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PT INDOCEMENT TUNGGAL PRAKARSA Tbk. PERIODE TAHUN 2014-2018

Jurnal Ilmiah Mandala Education ◽

10.36312/jime.v7i1.1734 ◽

2021 ◽

Vol 7 (1) ◽

Author(s):

Baiq Reinelda Tri Yunarni ◽

Sudarta Sudarta ◽

Johanandha Fandhy Ramadhan

Keyword(s):

Financial Performance ◽

Secondary Data ◽

Company Performance ◽

Return On Equity ◽

Descriptive Research ◽

Turnover Ratio ◽

Industry Standard ◽

Asset Turnover ◽

Inventory Turnover ◽

Equity Ratio

The purpose of this study is to assess the financial performance of PT Indocement Tunggal Prakarsa Tbk in the period 2014 to 2018. The success of a company in achieving its goals and meeting the needs of the community is very dependent on company performance. One way to measure or evaluate performance is to analyze financial statements.This study uses a descriptive research method with a quantituve approach that is analysus based on data calculations. The data used in this study are secondary data in the form of financial statements for the period 2014 to 2018, using the calculation of liquidity ratios, solvency, activity, and profitability.The result of this study indicate that PT Indocement Tunggal Prakarsa Tbk is in a liquid state when viewed from the liquidity ratio because the current ratio and quick ratio are above the industry standard. Judging from the solvency ratio, the financial performance of PT Indocement Tunggal Prakarsa Tbk can be said to be solvable because in terms of the debt to equity ratio, and the debt to asset ratio is below the industry standard. But the financial performance of PT Indocement Tunggal Prakarsa Tbk when viewed from the activity ratio (receivable turnover ratio, inventory turnover ratio, working capital turnover ratio, fixed assets turnover ratio, and total asset turnover ratio) and profitability ratio (net profit margin, return on investment, and return on equity) is not optimal because the company’s profit continue to fall and ineffectiveness of the company in utilizing its assets.

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PENGARUH RASIO KEUANGAN TERHADAP PERUBAHAN KINERJA CV. RANDU SARI SATU TAHUN 2016-2018

DERIVATIF: Jurnal Manajemen ◽

10.24127/jm.v14i1.388 ◽

2020 ◽

Vol 14 (1) ◽

Author(s):

Novi Riani

Keyword(s):

Problem Formulation ◽

Profit Margin ◽

Financial Ratios ◽

Company Performance ◽

Working Capital ◽

Return On Equity ◽

Financial Condition ◽

Total Debt ◽

Equity Ratio ◽

One Year

In evaluating what has been achieved by CV. Randu Sari Satu then for an estimate of the changes in the financial condition of the business CV. Randu Sari Satu requires financial calculations with ratio analysis. Based on the background of the research above, the problem raised in this study is whether the financial ratios in 2016-2018 affect changes in performance on the CV. Randu Sari Satu? Based on the above problem formulation, the purpose of this study is to determine the effect of financial ratios on changes in performance on the CV. Randu Sari Satu. This research is focused on problem solving aimed at explaining the relationship between one variable with another variable in a qualitative and quantitative analysis. Based on the results of research and discussion, conclusions can be drawn namely current ratio, quick ratio, working capital to total assets, total debt to equity ratio, total debt to total capital assets, long term debt to equity ratio, total asset turnover, inventory turnover, average days inventory, working capital turnover, gross profit margin, net profit margin, return on investment and return on equity have no effect on changes in company performance. Based on the conclusions above, the following suggestions can be given To CV. Randu Sari Satu to further review the performance of CV. Randu Sari Satu which is run, it is intended to increase the benefits gained by CV. Randu Sari Satu. So the performance of CV. Randu Sari Satu can run according to the goals set. In this study, researchers measured the effect of financial ratios on changes in CV performance. Randu Sari One year 2016-2018. This research was carried out in a limited manner with the determination of population and sample in CV. Randu Sari Satu. The next researcher is expected to be able to develop other aspects and be able to use this research as a source of research material in subsequent studies. Keywords:Financial Ratios, Performance, CV. Randu Sari Satu

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Pengaruh Rasio Keuangan terhadap Kinerja Keuangan PT Astra Internasional Tbk

Jurnal Riset Inspirasi Manajemen dan Kewirausahaan ◽

10.35130/jrimk.v1i1.10 ◽

2017 ◽

Vol 1 (1) ◽

Author(s):

Diana Diana

Keyword(s):

Financial Performance ◽

Activity Ratio ◽

Financial Ratios ◽

Rate Of Return ◽

Path Coefficient ◽

Working Capital ◽

The Third ◽

Net Profit ◽

Equity Ratio ◽

Solvency Ratio

This study aims to identify the effect of financial ratios of liquidity ratio, solvency ratio, activity ratio and profitability ratio on the financial performance at PT Astra International Tbk. The financial Ratios as an independent variable (X) consists of Liquidity Ratio (X1) which is analyzed bycurrent ratio, quick ratio and net working capital to total assets ratio, Solvency Ratio (X2) which is analyzed by total debt to assets ratio assets, total assets, debt to equity ratio and long-term debt to equity ratio; Activity Ratio (X3) which is analyzed by total asset turnover, working capital turnover and inventory turnover, and Probability Ratio (X4) which is analyzed by gross profit margin ratio, net profit margin ratio, operating ratio, rate of return on equity and rate of return on assets. The dependent variable (Y) in this study is a financial performance which is analyzed based on the net income (sales) (Y1), the net profit after tax (Y2), and the earning per share (Y3). The financial data of PT Astra International Tbk. used for this study were taken over five (5) years from 2010 - 2014. Analysis of Partial Least Square (PLS) using Smart PLS software version 20.0 was used as thedata analysis technique. The results showed that first hypothesis (H1), Liquidity Ratios had a significant effect on financial performance. A positive path coefficients of 0.289 with Tvalue 4.428 is bigger than Ttable or T (0.050; 5) = 2.776, meaning that the liquidity ratio significantly influences the financial performance. So the first hypothesis (H1) is accepted, which means that the liquidity ratio has a significant effect on the financial performance. The second hypothesis (H2), Solvency Ratio hasa significant effect on financial performance. A positive path coefficient of 0.334 with Tvalue15.563 is bigger than Ttable or T (0,050; 5) = 2,776, meaning that the Solvency Ratio significantly influences the Financial Performance. So the second hypothesis (H2) is accepted, which means that the Solvency Ratio has a significant effect on the financial performance. The third hypothesis (H3), Activity Ratio has asignificant effect on the financial performance. A positive path coefficient of 0,034 with Tvalue0.486 is smaller than Ttable or T (0,050; 5) = 2,776, meaning that the ratio of activity does not have a significant influence on the financial performance. So the third hypothesis (H3) is rejected, which means that the Activity Ratio has no significant effect on the financial performance. The fourth hypothesis (H4), Profitability Ratio has a significant effect on the financial performance. A positive path coefficient of 0.778 with Tvalueof 6.003 is bigger than Ttable or T (0,050; 5) = 2,776, meaning that the Profitability Ratio significantly influences the financial performance. So the fourth hypothesis (H4) is accepted, which means that the profitability ratio have a significant effect on the financial performance.Keywords: Financial Ratios, Financial Performance.

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Analysis of Financial Performance In PT. PP (Persero) Tbk

Tasharruf: Journal Economics and Business of Islam ◽

10.30984/tjebi.v3i2.796 ◽

2019 ◽

Vol 3 (2) ◽

Author(s):

Muhammad Fadil Abu Bakar ◽

Youlanda Hasan

Keyword(s):

Data Analysis ◽

Financial Performance ◽

Activity Ratio ◽

Good Condition ◽

Financial Ratio ◽

Net Profit ◽

Equity Ratio ◽

Quantitative Descriptive ◽

Turn Over ◽

Solvency Ratio

AbstractTo find out financial performance PT. PP (Persero) Tbk. Data analysis in this study uses quantitative descriptive by comparing the company's financial ratios using the Liquidity Ratio, Solvability Ratio, Activity Ratio, Solvability Ratio Based on the results of the analysis it can be concluded that the financial performance of PT. PP (Persero) Tbk. in 2014 until 2016 where the liquidity ratio felt in a liquid state because it was in the financial ratio. The solvency ratio is in an unhealthy state, because the debt to equity ratio and debt to asset ratio are below the standard financial ratio. The activity ratio is in good condition, because the receivable turn over and inventory turn over are at the financial ratio standard. The profitability ratio is in an unhealthy state, because the net profit margin and return of investment are below the standard financial ratio.Keywords: Liquidity Ratio, Solvability Ratio, Activity Ratio, Profitability Ratio.

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Pengaruh Sales (penjualan) dan Debt to Equity Ratio (DER) Terhadap Pertumbuhan Laba

MBIA ◽

10.33557/mbia.v19i2.937 ◽

2020 ◽

Vol 19 (2) ◽

pp. 199-217

Author(s):

Rifani Akbar Sulbahri

Keyword(s):

Financial Performance ◽

Financial Analysis ◽

Financial Ratios ◽

Critical Probability ◽

Corporate Values ◽

Analysis Tools ◽

Equity Ratio ◽

Relationship Of ◽

The Relationship ◽

Profit Growth

The company always wants its business to grow. These developments will occur if supported by the ability of management to establish policies in planning, obtaining, and utilizing funds to maximize corporate values. It cannot be denied that profit growth cannot be separated from the company's financial performance. One of the most commonly used financial analysis tools is financial ratios. This research was conducted to reexamine the relationship of Sales and financial ratios with profit growth. The inconsistency of the results from previous studies caused this issue to be interesting to be examined again. This study aims to provide evidence that the variable Sales (Sales) and Debt to Equity Ratio, affect the profit growth. The conclusion in this study obtained Sales significant effect on earnings changes with the value of prob. sales variable <critical probability value (α = 5%) of 0.0043 <0.05, so that the sales variable has a significant effect on earnings changes.DER has a significant effect on earnings changes on prob. DER variable <critical probability value (α = 5%) of 0.0000 <0.05, so that the DER variable has a significant effect on earnings changes. Abstrak Perusahaan senantiasa menginginkan usahanya berkembang. Perkembangan tersebut akan terjadi apabila didukung oleh adanya kemampuan manajemen dalam menetapkan kebijaksanaan dalam merencanakan, mendapatkan, dan memanfaatkan dana-dana untuk memaksimumkan nilai-nilai perusahaan. Tidak dapat dipungkiri bahwa pertumbuhan laba tidak bisa terlepas dari kinerja keuangan perusahaan. Salah satu alat analisis keuangan yang paling sering digunakan adalah rasio keuangan. Penelitian ini dilakukan untuk menguji kembali hubungan Sales (Penjualan) dan rasio keuangan dengan pertumbuhan laba.Adanya ketidak konsistenan hasil dari penelitian-penelitian sebelumnya menyebabkan isu ini menarik untuk diteliti kembali. Penelitian ini bertujuan untuk memberikan bukti bahwa variabel Sales (Penjualan) dan Debt to Equity Ratio,berpengaruh terhadap pertumbuhan laba. Kesimpulan pada penelitian ini didapat Sales berpengaruh signifikan terhadap Perubahan laba dengan Nilai prob. variabel sales < nilai probabilitas kritis (α = 5%) sebesar 0.0043 < 0,05, sehingga variabel sales berpengaruh signifikan terhadap perubahan laba.DER berpengaruh signifikan terhadap Perubahan laba Nilai prob. variabel DER < nilai probabilitas kritis (α = 5%) sebesar 0.0000 < 0.05, sehingga variabel DER berpengaruh signifikan terhadap perubahan laba. Kata Kunci : Pertumbuhan Laba, Penjualan, DER

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Evaluation of the Financial Performance of Tourism Companies Traded in BIST via a Hybrid MCDM Model

International Journal of Applied Research in Management and Economics ◽

10.33422/ijarme.v2i4.274 ◽

1970 ◽

Vol 2 (4) ◽

pp. 20-32

Author(s):

Ahmet Aytekin

Keyword(s):

Financial Performance ◽

Added Value ◽

Financial Ratios ◽

Publicly Traded ◽

Return On Equity ◽

Coverage Ratio ◽

Thomson Reuters ◽

Asset Turnover ◽

Inventory Turnover ◽

Equity Ratio

Tourism, the smokeless industry, has increasing importance in the development of countries because it creates added-value and employment. In Turkey, one of the World's most visited countries, the importance of this sector makes itself felt in economic crisis periods. On the other hand, in terms of investors, tourism companies always have the potential to be included in their portfolios. In this context, the aim of this study evaluates the financial performances of tourism companies publicly traded in BIST. For this purpose, the data of 2014-2018 were obtained from the Thomson Reuters Datastream database. The current ratio, quick ratio, cash ratio, debt ratio, total debt/equity ratio, net margin, return on equity, interest coverage ratio, total asset turnover, inventory turnover, and receivable turnover were used as financial ratios. The CRITIC method, one of the objective weighting methods, was applied to determine the importance level of financial ratios. A hybrid model consisting of MAUT, PROMETHEE and TOPSIS was used for evaluation of the companies. These techniques are based on different perspectives and algorithms. In this model, Borda was applied for aggregation of each techniques' ranking values. Thus, the financial performance of the tourism companies for the years 2014-2018 was evaluated more effectively. In conclusion, the company with the best financial performance is Marmaris Altınyunus (MAALT) in this period.

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