Best Journal of Administration and Management
Vol 1 No 3 (2023): Best Journal of Administration and Management

Financial Ratio Analysis to Measure Financial Performance at PT Astra International, Tbk

Titik Purwaningtyas (Politeknik LP3I Jakarta)
Enggun Gunawan (Politeknik LP3I Jakarta)
Mahardika Sugiawan (Politeknik LP3I Jakarta)



Article Info

Publish Date
25 Feb 2023

Abstract

In general, the purpose of establishing a company is to obtain optimal profits or profits according to the company's capabilities. Earning a profit for the company is an effort to maintain business continuity and increase the expected growth. To find out the success of a company in achieving these goals, financial measures or indicators are needed. Financial statement analysis needs to be done by every company so that management can find out the company's performance in that year. The main purpose of this research is to determine the financial position, calculation and interpretation of the company's financial ratios. The method used in this research is descriptive quantitative, namely the method used to describe, explain, summarize various conditions, situations, or various research variables. The ratio analysis used in this research is the liquidity ratio, solvency ratio and profitability ratio. The results show that the company is declared liquid but has not been able to take advantage of existing assets and equity to get maximum revenue.

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Journal Info

Abbrev

Bejam

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Best Journal of Administration and Management is a periodical scientific journal published based on scientific journal principles aimed at publishing scientific works resulting from research, development and literature studies in the field of Administration and Management, and Scope this journal: ...