<![CDATA[Research Objectives: This study aims to analyze the financial performance of KSP Balo’ta Makassar Branch during the 2021–2023 period based on liquidity, solvency, and profitability ratios. The study focuses on identifying the financial condition of the cooperative and evaluating the extent to which its financial performance meets the applicable performance benchmarks. Design/ Methodology / Approach Research: This study employs a descriptive quantitative research design. The research uses secondary data obtained from the financial statements of KSP Balo’ta Makassar Branch for the 2021–2023 financial years. Data were collected through documentation and analyzed using financial ratio analysis. Liquidity was measured using the Current Ratio and Cash Ratio; solvency was assessed using the Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR); while profitability was evaluated using Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE). The calculated ratios were compared with the performance standards adopted in the study. The research design and use of secondary financial statement data are consistent with the methodology reported in the underlying study. Research Results: The results indicate that the liquidity performance of KSP Balo’ta Makassar Branch remained below the adopted standards throughout 2021–2023. The Current Ratio was 57.12% in 2021, 107.00% in 2022, and 97.91% in 2023, while the Cash Ratio was 2.64%, 7.30%, and 5.27%, respectively. Solvency performance was also relatively weak, with the Debt to Equity Ratio reaching 618.46%, 348.39%, and 476.24%, while the Debt to Asset Ratio was 86.08%, 77.69%, and 82.64% during the same period. Profitability showed mixed results. Net Profit Margin increased substantially from -0.47% in 2021 and 0.38% in 2022 to 55.21% in 2023, whereas ROA and ROE remained below the adopted performance standards. The underlying study consequently identifies persistent weaknesses in liquidity and solvency, while profitability showed improvement primarily through NPM in 2023. Implications of Research Results: The findings imply that KSP Balo’ta Makassar Branch needs to strengthen short-term liquidity management, improve the management and collection of loan receivables, and reduce excessive dependence on liabilities. The cooperative also needs to strengthen internal capital and improve operational efficiency to support sustainable profitability. These measures are particularly important because the underlying research identifies liquidity management, capital strengthening, operational efficiency, human resource development, and information technology utilization as areas requiring managerial attention.]]>
