Liquidity Ratio Analysis and its Impact on Financial Performance on Pt. Telkom Indonesia Tbk Periode 2021-2024
DOI:
https://doi.org/10.59890/ijma.v4i3.6Keywords:
Liquidity Ratio, Profitability Ratio, and Financial PerformanceAbstract
This research aims to analyze financial ratios to assess the Company's Financial Performance at PT Telekomunikasi Indonesia Tbk. This research is related to the object of research, namely the company in a certain period. By collecting data information related to the company and adjusted to the research objectives. The method used in this study is a quantitative descriptive research method, namely collecting data and processing a company's financial data in the form of financial statements contained in the www.idx.co.id website and also from the official website of PT. Telekomunikasi Indonesia Tbk directly, namely https://www.telkom.co.id/sites
The type of data used is secondary data. Based on the results of the analysis of this study, it shows that the financial performance of PT. Telekomunikasi Indonesia Tbk in terms of Liquidity Ratio from the results of Financial Calculations for 5 (five) periods from 2017 to 2021 with the following quantitative values: Current Ratio 104.8%; 93.5%; 71.5%; 67.3%; 88.6%. The Quick Ratio is 103.4%; 92.4%; 70.5%; 65.9%; 87.5%, has not met industry standards while the Cash Ratio in 2017 is 55.4%, has met industry standards, and in 2018 to 2020 it is 37.6%; 31.2%; 29.8%, has not met industry standards, then in 2021 it is 55.4%, which has met industry standards. Then in terms of Profitability Ratio using the calculation of Net Profit Margin (NPM) is 25.5%; 20.6%; 20.3%; 21.7%; 23.7%, has met industry standards, Return On Investment (ROI) is 16.5%; 13.1%; 12.5%; 12.0%; 12.2%, and Return On Equity (ROE) is respectively valued at 29.2%; 23.0%; 23.5%; 24.5%; 23.3%, both of which have not met industry standards. The results of the analysis of this research can be concluded that the Financial Performance of PT. Telekomunikasi Indonesia Tbk can be said to be in an unhealthy state.
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