Jurnal Ekonomi
Vol. 11 No. 03 (2022): Jurnal Ekonomi, 2022 Periode Desember

ANALYSIS OF LIQUIDITY RATIO AND PROFITABILITY RATIO IN ASSESSING FINANCIAL PERFORMANCE OF PT. INDAL ALUMINIUM INDUSTRY, Tbk.

Laily Ramadhani (STIE IBMI MEDAN)
Siti Patimah (STIE IBMI Medan)



Article Info

Publish Date
06 Dec 2022

Abstract

The purpose of this study was to assess how the financial performance of PT. Indal Aluminum Industry, Tbk. During 2016-2020 based on the Liquidity Ratio which consists of the Current Ratio, Quick Ratio and Cash Ratio. and based on the Profitability Ratio consisting of Net Profit Margin, Return on Investment and Return on Equity. The data analysis method used in this study used descriptive qualitative research methods with the aim of obtaining an overview of the company's condition. The data source used is secondary data. The population in this study is the financial statements of PT. Indal Aluminum Industry, Tbk. While the sample in this study is the financial statements of PT. Indal Aluminum Industry, Tbk. 2016- 2020 period. Based on the results of research and discussion, it can be concluded that PT. Indal Aluminum Industry, Tbk. During 2016 to 2020 seen from the Liquidity Ratio based on the Current Ratio, Quick Ratio and Cash Ratio, the results of financial performance are considered poor, this is based on the results of calculations for 5 years which are still far below the industry average standard. And seen from the Profitability Ratio based on Net Profit Margin, Return on Investment and Return on Equity, it shows the results of financial performance which are considered not good, this is based on the results of calculations for 5 years which are still far below the industry average standard.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSNĀ 2301-6280, e. ISSNĀ 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...