JEBD
Vol. 2 No. 4 (2025): April - Juni

Analisis Perbandingan Kinerja Keuangan PT Telkom Indonesia (Persero) Tbk dan PT XLSMART Telecom Sejahtera Tbk Tahun 2022-2024

Yohanes Kevin Lukna (Universitas Pembangunan Panca Budi)
Dona Olivia Sihombing (Universitas Pembangunan Panca Budi)
Talitha Nabila (Universitas Pembangunan Panca Budi)
Nabila Rahmadayanti (Universitas Pembangunan Panca Budi)
Fitri Yani Panggabean (Universitas Pembangunan Panca Budi)



Article Info

Publish Date
21 Jun 2025

Abstract

This study aims to analyze the comparison of financial performance between PT Telkom Indonesia (Persero) Tbk and PT XLSMART Telecom Sejahtera Tbk to understand the extent of the financial capabilities of these two telecommunications sector companies in the face of ongoing changes and intense competition. In the study, the analysis was conducted using financial ratios including liquidity (CR & QR), profitability (ROA & ROE), leverage (DAR & DER), and activity (TATO & FATO) using information from the company's financial statements in 2022 - 2024. The research findings show that both Telkom and XLSMART have values that are not yet classified as good in liquidity, profitability, and activity ratios. Of the three aspects, Telkom has an advantage in both liquidity ratios by 70%, both profitability ratios by 100%, and TATO by 35%. Meanwhile, XLSMART has the advantage of FATO by 45%. In terms of Leverage, Telkom has a ratio value that is classified as good, while XLSMART has not. Telkom has an advantage of 40% (DAR) and 95% (DER).

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Journal Info

Abbrev

jebd

Publisher

Subject

Economics, Econometrics & Finance Engineering

Description

Jurnal Ekonomi dan Bisnis Digital (JEBD) E-ISSN : 3025-6429 is a peer-reviewed journal providing a space for both practitioners and academics for disseminating research results that work in Economic, finance, management, information technology and related fields. JEBD provides an outlet for the ...