International Journal of Social Science, Educational, Economics, Agriculture Research, and Technology (IJSET)
Vol. 2 No. 12 (2023): NOVEMBER

PROFITABILITY RATIO ANALYSIS AT PT. ACE HARDWARE INDONESIA TBK YEAR 2016-2020

Hamdiah (Unknown)
Nurul Azizah (Unknown)
Herlina (Unknown)
Indah Antasari (Unknown)

Article Info

Publish Date
11 Oct 2023

Abstract

This study aims to determine and analyze the financial performance of PT. Ace Hardware Indonesia Tbk by using profitability ratio. The analysis method used in this study is descriptive analysis. The source of this research data is documentation in the form of annual financial statements of PT. Ace Hardware Indonesia Tbk during 2016 to 2020. This research uses a descriptive research approach, Based on the results of analysis and discussion, financial performance at PT. Ace Hardware Indonesia Tbk is measured using profitability ratios in Return on Assets on average of 16.5% in poor conditions and below industry standards of 30% and Average Return On Equity of 20.8% in poor conditions and below industry standards of 40%.

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Journal Info
International Journal of Social Science, Educational, Economics, Agriculture Research, and Technology (IJSET)
Website

Abbrev

ijset

Publisher

CV. RADJA PUBLIKA

Subject

Agriculture, Biological Sciences & Forestry Humanities Computer Science & IT Economics, Econometrics & Finance Education

Description

International Journal of Social Science, Educational, Economics, Agriculture Research, and Technology (IJSET) is an international journal that publishes popular articles in the fields of Social Science, Education, Economics, Agricultural Research, and Technology. IJSET is published every month in ...