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Analisis Rasio Keuangan untuk Menilai Kinerja Keuangan PT PP London Sumatera Indonesia Tbk Periode 2016-2025 Hendra Riyaldi; Purwati Purwati; Dwi Riana
Jurnal Penelitian Ekonomi Manajemen dan Bisnis Vol. 5 No. 4 (2026): November: Jurnal Penelitian Ekonomi Manajemen dan Bisnis
Publisher : Lembaga Pengembangan Kinerja Dosen

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55606/jekombis.v5i4.7146

Abstract

This study aims to analyze the financial performance of PT PP London Sumatera Indonesia Tbk for the 2016–2025 period based on liquidity, profitability, and solvency ratios. A quantitative descriptive method using secondary data in the form of the company’s annual financial statements—sourced from PT PP London Sumatera Indonesia Tbk and the IDX—was applied in this study. Data was collected through documentation, while the analysis utilized financial ratios including the Current Ratio, Quick Ratio, Cash Ratio, Net Profit Margin (NPM), Return on Assets (ROA), Return on Equity (ROE), Debt-to-Asset Ratio (DAR), and Debt-to-Equity Ratio (DER). The findings indicate that the company’s liquidity ratios are in “very good” condition, as it is able to meet its short-term obligations. Solvency ratios also indicate a “good” condition, as the company’s debt utilization level remains below the industry standard, suggesting it is capable of meeting its long-term obligations. However, regarding profitability ratios, the company still experiences fluctuations and has failed to meet certain indicators as per established standards—particularly Return on Assets (ROA) and Return on Equity (ROE)—resulting in profits that have not yet reached optimal levels. Overall, the financial performance of PT PP London Sumatera Indonesia Tbk for the 2016–2025 period is “fairly good,” although improvements in the efficiency of asset and capital management are still needed to enhance the company’s profitability.