ANALISIS RASIO KEUANGAN DALAM MENGUKUR KINERJA PERUSAHAAN (Studi Pada Perusahaan Farmasi BUMN Yang Terdaftar Di Bursa Efek Indonesia Periode 2014 - 2018)

Illahi, Wahyu Restu (2020) ANALISIS RASIO KEUANGAN DALAM MENGUKUR KINERJA PERUSAHAAN (Studi Pada Perusahaan Farmasi BUMN Yang Terdaftar Di Bursa Efek Indonesia Periode 2014 - 2018). Skripsi thesis, Universitas Muhammadiyah Sukabumi.

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Abstract

The research was aimed at measuring company’s performance using financial ratio at the state-owned pharmacy companies registered at Indonesia Stock Exchange in the period of 2014-2018. The research applied liquidity ratios by using Current Ratio (CR) and Quick Ratio (QR); solvability ratios by using Debt to Total Assets (DAR) and Debt to Total Equity (DER); activity ratios by using Assets Turnover (TATO); profitability ratios by using Net Profit Margin (NPM), Gross Profit Margin (GPM), Return on Assets (ROA), Return on Equity (ROE); market value ratios by using Earning Per Share (EPS) and Price Earning Ratio (PER). The research applied descriptive quantitative method with the data taken were secondary data in terms of literature review and financial statement documentations from the state-owned pharmacy companies registered in Indonesia Stock Exchange in the period of 2014-2018. The result of the research calculated by liquidity ratio shows that the pharmacy companies undergo decrement in annually as reviewed by Current Ratio average 148,56%. Meanwhile, the solvability ratio shows DER which undergoes an expansion in total debt annually amounting 181,86% and 190,42%. Thus, the profitability ratio of the companies calculated by the NPM is still able to gain good profit for PT Kimia Farma Tbk with the highest value 5,70%, while for PT Indofarma Tbk it experiences decrement in ROE and ROA with the lowest results, namely -8.79% and -3.71%. The activity ratios of the companies are in good position, as it can be observed form the results of calculating TATO that undergoes decrement yet not too significant. Moreover, the market value ratios of the companies observed from PER dan EPS for PT Kimia Farma Tbk is in good condition amounting to 72,34, while for PT Indofarma Tbk the ratio is in low position -13,93.

Item Type: Thesis (Skripsi)
Uncontrolled Keywords: Financial Ratio, Financial Performance
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: Fakultas Ilmu Sosial > Administrasi Bisnis
Depositing User: Perpus ID UMMI
Date Deposited: 02 Feb 2022 07:45
Last Modified: 02 Feb 2022 07:45
URI: http://eprints.ummi.ac.id/id/eprint/2079

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