Jurnal Penelitian Ekonomi Manajemen dan Bisnis
Vol. 5 No. 4 (2026): November: Jurnal Penelitian Ekonomi Manajemen dan Bisnis

Analisis Rasio Keuangan untuk Menilai Kinerja Keuangan PT PP London Sumatera Indonesia Tbk Periode 2016-2025

Hendra Riyaldi (Politeknik Negeri Sriwijaya)
Purwati Purwati (Politeknik Negeri Sriwijaya)
Dwi Riana (Politeknik Negeri Sriwijaya)



Article Info

Publish Date
01 Nov 2026

Abstract

This study aims to analyze the financial performance of PT PP London Sumatera Indonesia Tbk for the 2016–2025 period based on liquidity, profitability, and solvency ratios. A quantitative descriptive method using secondary data in the form of the company’s annual financial statements—sourced from PT PP London Sumatera Indonesia Tbk and the IDX—was applied in this study. Data was collected through documentation, while the analysis utilized financial ratios including the Current Ratio, Quick Ratio, Cash Ratio, Net Profit Margin (NPM), Return on Assets (ROA), Return on Equity (ROE), Debt-to-Asset Ratio (DAR), and Debt-to-Equity Ratio (DER). The findings indicate that the company’s liquidity ratios are in “very good” condition, as it is able to meet its short-term obligations. Solvency ratios also indicate a “good” condition, as the company’s debt utilization level remains below the industry standard, suggesting it is capable of meeting its long-term obligations. However, regarding profitability ratios, the company still experiences fluctuations and has failed to meet certain indicators as per established standards—particularly Return on Assets (ROA) and Return on Equity (ROE)—resulting in profits that have not yet reached optimal levels. Overall, the financial performance of PT PP London Sumatera Indonesia Tbk for the 2016–2025 period is “fairly good,” although improvements in the efficiency of asset and capital management are still needed to enhance the company’s profitability.

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Journal Info

Abbrev

jekombis

Publisher

Subject

Decision Sciences, Operations Research & Management Social Sciences

Description

Manajemen Sumberdaya Manusia , Manajemen Keuangan, Manajemen Pemasaran, Manajemen Sektor Publik, Manajemen Operasional, Manajemen Rantai Pasokan, Corporate Governance, Etika Bisnis, Akuntansi Manajemen dan Pasar Modal dan ...