JURNAL MANAJEMEN DAN AKUNTANSI CAKRAWARTI
Vol. 1 No. 2 (2026): Juli 2026 - September 2026

Analisis Kinerja Keuangan PT Total Bangun Persada Tbk: Pendekatan Profitabilitas, Likuiditas, dan Solvabilitas: Analysis of Financial Performance of PT Total Bangun Persada Tbk: Profitability, Liquidity, and Solvency Approach

Ikfal Permana (universitas bina sarana informatika)
Alfiansyah Wahyu Pratama (universitas bina sarana informatika)
Muhammad Davi Rivaldi (Universitas Bina Sarana Informatika)
Alif Shafiar (Universitas Bina Sarana Informatika)



Article Info

Publish Date
16 Jul 2026

Abstract

This study aims to analyze the financial performance of PT Total Bangun Persada Tbk (TOTL) during the 2022-2024 period through an analysis approach of trends, Common Size, and financial ratios (profitability, liquidity, and solvency), as well as compare it with the average building construction industry in Indonesia. The data used is secondary data in the form of annual financial statements published through the Indonesia Stock Exchange (IDX). The results show that TOTL has better profitability than the industry average, with a net profit Margin that increased from 4.03% (2022) to 8.60% (2024). However, the company's liquidity and solvency aspects were recorded relatively lower than the industry average, driven by the dominance of current debt in the funding structure. The 2025 projection shows moderate profit growth, supported by new contracts worth IDR 2.49 trillion in the first semester of 2025. This research recommends management to optimize capital structure and maintain liquidity ratios to remain competitive amid industry pressures. The results of this study imply that companies need to maintain profitability advantages through operational efficiency while improving their capital structure so that short-term liquidity risks can be minimized.

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Journal Info

Abbrev

jmac

Publisher

Subject

Description

Jurnal Manajemen dan Akuntansi Cakrawarti (JMAC) is a peer-reviewed academic journal dedicated to providing a platform for researchers, academics, practitioners, and policymakers to disseminate original research, theoretical insights, and critical perspectives that contribute to the advancement of ...