Indonesian Journal of Banking and Financial Technology (FINTECH)
Vol. 2 No. 4 (2024): October 2024

Comprehensive Analysis of Financial Performance at PT Jakarta International Hotels & Development TBK Periode 2021-2023

Sanjaya, I Ketut Raditya (Unknown)
Arwana, I Putu (Unknown)
Tuwi, I Wayan (Unknown)



Article Info

Publish Date
31 Oct 2024

Abstract

This research analyzes the financial performance of PT Jakarta International Hotels & Development Tbk from 2021 to 2023 using financial ratios to comprehensively evaluate financial conditions. Qualitative methodology and descriptive techniques are used. The research results show that the liquidity ratio has increased, reflecting the company's ability to manage assets and liabilities well. The solvency ratio shows a decline, indicating a solid and solvable financial condition. Activity ratios indicate high operational efficiency with fast turnaround. Profitability ratios show significant recovery after losses in 2021 due to the Covid-19 pandemic. This research provides insight into the company's financial condition and emphasizes the importance of sustainable financial monitoring and strategic management for long-term growth in the hotel industry.

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Journal Info

Abbrev

fintech

Publisher

Subject

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

Description

The Indonesian Journal of Banking and Financial Technology (FINTECH) is an open-access academic journal founded to provide a strong venue or platform to publish, disseminate, promote, publicize, and develop the application of mathematics, statistics, computer science, finance, and business law in ...