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Comparative Analysis of Liquidity Ratios in the Renewable Energy Subsector Achmad Fawaid; Siti Nur Azizatul Luthfiyah; Slamet Wijiono; Muhammad Rizky Prima Sakti; Mohd Shahid Mohd Noh
Relasi : Jurnal Ekonomi Vol 22 No 1 (2026): Januari - Juni
Publisher : Institut Teknologi dan Sains Mandala

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31967/relasi.v22i1.1941

Abstract

This study aims to analyze the financial performance of PT Pertamina Geothermal Energy Tbk and PT Alamtri Resources Indonesia Tbk during the 2021-2025 period using a liquidity ratio approach including the Current Ratio (CR), Quick Ratio (QR), and Cash Ratio (ChR). The research method used is a quantitative method with secondary data obtained from the company's financial statements published through the Indonesia Stock Exchange (IDX) and annual reports. The data analysis technique is carried out by calculating and comparing the liquidity ratio values ​​between the this companies during the 2021-2025 period. The research results show that PT Alamtri Resources Indonesia Tbk's liquidity performance is excellent and continues to improve annually. A slight decline occurred in 2023, but significant progress has been made. Meanwhile, PT Pertamina Geothermal Energy is generally performing well, with excellent ratings across all its ratios. Despite a decline in 2022, the company has managed to achieve a strong and sustainable recovery through 2025. This study recommends that the two companies maintain their excellent liquidity performance going forward to avoid a downgrade in their financial performance rating.
A Multidimensional Perspective on Consumer Purchase Decisions: Integrating Event Marketing, Store Atmosphere, and Price in the Restaurant Industry Khittah Ashilah; Slamet Wijiono; Syarif Hidayatulla; Ach. Faqih Supandi; Bastomi Dani Umbara
JoEMS (Journal of Education and Management Studies) Vol. 9 No. 4 (2026): Agustus
Publisher : LPPM Universitas KH. A. Wahab Hasbullah

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32764/joems.v9i4.1861

Abstract

Purpose: This study aims to examine the effects of event marketing, store atmosphere, and price on purchasing decisions at KQ5 Steak and Bowl Jember, both partially and simultaneously. Methodology/approach: This study employed a quantitative descriptive approach. Data were collected through questionnaires and observations involving consumers who attended events organized by KQ5 Steak and Bowl Jember. A non-probability sampling technique was applied, resulting in 120 respondents. Data were analyzed using validity and reliability tests, multiple linear regression, t-tests, and F-tests. Findings: The results indicate that event marketing, store atmosphere, and price individually influence purchasing decisions. Simultaneously, the three variables have a positive influence on consumers’ purchasing decisions. Practical implications: The findings suggest that restaurant management should strengthen event marketing activities, improve the store atmosphere, and establish appropriate pricing strategies to encourage consumer purchasing decisions. Originality/value: This study integrates event marketing, store atmosphere, and price within a single empirical model to explain purchasing decisions in the restaurant context.