International Journal of Accounting and Management Research (IJAMR)
Vol. 3 No. 2 (2022): September

Financial Ratio Analysis as an Assessment Tool in Measuring the Company's Financial Performance at COCO 51.673.09 Lumajang Gas Station in 2017 -2019

Dwi Putri Handayani (Institut Teknologi dan Bisnis Widya Gama Lumajang)
Noviansyah Rizal (Institut Teknologi dan Bisnis Widya Gama Lumajang)
Fetri Setyo Liyundira (Institut Teknologi dan Bisnis Widya Gama Lumajang)



Article Info

Publish Date
22 Sep 2022

Abstract

The study aims to determine how the company's financial performance at SPBU COCO 51.673.09 Lumajang because the company's performance is a description of how the financial condition of a company regarding the good and bad state of a company which is a reflection of future work performance. To find out the financial performance required analysis of financial statements. The data analysis method used is quantitative descriptive method using measurement of liquidity, solvency, profitability and activity ratios. Based on the results of research from the liquidity ratio in 2017 to 2019, it can be said that it is not good because the company has difficulty in paying off current liabilities. Based on the solvency ratio in the period 2017 - 2019 is quite good where in each year it has increased, this is due to the low expenditure of companies sourced from loans. In the assessment of the activity ratio for the period 2017-2019, it can be said that it is quite good, judging from the development of the increase, this situation must be maintained. The profitability ratio in the period 2017 - 2019 is good which shows an increase in profit even though there is still a decrease.

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Journal Info

Abbrev

ijamr

Publisher

Subject

Economics, Econometrics & Finance

Description

Focus and Scope International Journal of Accounting and Management Research (IJAMR) is published twice a year in March and September, published by Institut Teknologi dan Bisnis Widya Gama Lumajang since March 2020. International Journal of Accounting and Management Research as a forum for publishing ...