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

Financial Performance Analysis Based on Financial Ratios at PT Aneka Tambang Tbk

Sabda Dian Nurani Siahaan (Universitas Negeri Medan)
Al Faiz (Universitas Negeri Medan)
Muhammad Ridho Nawawi (Universitas Negeri Medan)
Anita Putri Hermawan (Universitas Negeri Medan)



Article Info

Publish Date
31 May 2023

Abstract

PT Aneka Tambang Tbk (ANTAM) is a mining company that processes a number of minerals and runs other businesses including trade and industry, transportation and other services related to the mining sector. This study aims to determine the financial performance of PT Aneka Tambang Tbk which is contained in the financial statements through the official website of PT Aneka Tambang. This study 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 Aneka Tambang Tbk in 2018-2021 was not good because data on liquidity ratios, solvency, activity and profitability were below industry standard ratios. Thus it can be concluded that PT Aneka Tambang Tbk's finances fluctuated due to the difficulty in paying short-term and long-term liabilities.

Copyrights © 2023






Journal Info

Abbrev

ajabm

Publisher

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 ...