Jurnal Ekonomi
Vol. 12 No. 01 (2023): Jurnal Ekonomi, 2023 Periode Januari - Maret

The REGIONAL FINANCIAL RATIO ANALYSIS AS PERFORMANCE APPRAISAL TOOL (CASE STUDY ON BPPKAD MAGETAN REGENCY)

Dwi Koerniawati (Universitas Islam Negeri Sunan Ampel Surabaya)



Article Info

Publish Date
12 Jan 2023

Abstract

This study aims to determine the financial performance of BPPKAD Magetan Regency by analyzing the ratio of regional financial independence, effectiveness and efficiency ratio, activity ratio, growth ratio, and debt service coverage ratio. This study uses secondary data for 2018-2020 obtained through financial statement analysis. The writing methods used are description and exposition. The results showed that the independence ratio is still low with an average of 28.67% but continues to increase every year. The effectiveness ratio tends to be effective with an average of 108.46% while the efficiency ratio is already efficient with an average of 4.75%. In the ratio of BPPKAD activities, Magetan Regency is still prioritized for routine expenditure (Operations) of 69.64% rather than for development expenditure (Capital) of 14.74%. The growth ratio is showing a negative trend. Thus, the financial performance of BPPKAD Magetan Regency based on regional financial ratio analysis is quite good.

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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 ...