Asian Journal of Applied Business and Management (AJABM)
Vol. 2 No. 2 (2023): May, 2023

Financial Performance Analysis Based on Financial Ratios at PT Wilmar Cahaya Indonesia Tbk.

Sabda Dian Nurani Siahaan (Fakultas Ekonomi, Universitas Negeri Medan)
Gilang Pratama (Fakultas Ekonomi, Universitas Negeri Medan)
Ikhsan Maulana (Fakultas Ekonomi, Universitas Negeri Medan)
Muhammad Iqbal (Fakultas Ekonomi, Universitas Negeri Medan)
Fuji Mori Sirait (Fakultas Ekonomi, Universitas Negeri Medan)

Article Info

Publish Date
26 May 2023

Abstract

This study aims to determine the financial performance of PT Wilmar Cahaya Indonesia Tbk, which is contained in the financial statements on the official website of PT Wilmar Cahaya Indonesia Tbk. This research uses a quantitative descriptive approach using liquidity, solvency, activity, and profitability ratios. The results of the research conducted showed that the financial performance of PT Wilmar Cahaya Indonesia Tbk in 2019–2021 was quite good because the company's liquidity, solvency, activity, and profitability ratios were in good condition.

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Journal Info
Asian Journal of Applied Business and Management (AJABM)
Website

Abbrev

ajabm

Publisher

PT FORMOSA CENDEKIA GLOBAL

Subject

Decision Sciences, Operations Research & Management

Description

Asian Journal of Applied Business and Management (AJABM) is a double-blind peer-reviewed, open-access journal published by Formosa Publisher. AJABM aims to provide an international outlet for research publication and scholarship on management and business-orientated themes and topics. With ...