International Journal of Economy, Education and Entrepreneurship (IJE3)
Vol. 2 No. 1 (2022): International Journal of Economy, Education and Entrepreneurship

LIQUIDITY RATIO AND PROFITABILITY ANALYSIS TO MEASURE FINANCIAL PERFORMANCE IN PT. ULTRAJAYA MILK INDUSTRY & TRADING COMPANY TBK

Nurwita Nurwita (Pamulang University, Indonesia)
Rindi Alimah Rodhiah (Pamulang University, Indonesia)



Article Info

Publish Date
06 Apr 2022

Abstract

This study aims to determine the condition of the company's financial performance PT Ulta Jaya Milk Industry & Trading Company Tbk from 2011 to 2020 using a financial ratio measuring instrument. The research method used is a descriptive quantitative method because this research relates to the object of study, namely the company, within a certain period by collecting data and information related to the company and adapting to the research objectives. The data analysis method used is ratio analysis, which describes the relationship between a certain amount and another amount. The analysis used is liquidity and profitability analysis, where the liquidity ratio aims to determine the company's ability to meet its short-term obligations. The results of research using the liquidity ratio from 2011-2020 are seen from the company's current balance in a healthy condition because the average value is 333% above the manufacturing industry standard of 200%. Judging from the Quick Ratio, the company is beneficial because the average value is 237% above the industry standard 150%. While the profitability ratio of the company's ability to generate profits during a certain period. Meanwhile, using the profitability ratio from 2011-2020 seen from the Net Profit Margin, the company is unhealthy because the average value is 13% below the manufacturing industry standard of 20%. Judging from the Return on Assets, the company suffers because the average value is 13% below the manufacturing industry standard of 30%.

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Journal Info

Abbrev

home

Publisher

Subject

Economics, Econometrics & Finance Education Other

Description

International Journal of Economy, Education and Entrepreneurship (IJE3) is a peer-refereed open-access international journal which has been established for the dissemination of state-of-the-art knowledge in the field of Economy and Education. Starting from 2021, IJE3 would be published Three times ...