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Scirj Volume XII, Issue V, May 2024 Edition
ISSN: 2201-2796

FINANCIAL PERFORMANCE ANALYSIS USING LIQUIDITY RATIONS, PROFITABILITY RATIONS, SOLVENCY RATIONS AND COMMAND SIZE ANALYSIS

Kiet Tumiwa, Novy J. Kasenda, Ruhiyat, Jolly R. Turangan, Nixon Sondakh, Jeane Ch. Lasut, Agnes J.E. Wakkary

Abstract: The purpose of this research is to determine the financial performance of PT. HRZ is assessed from the liquidity ratio, profitability ratio, solvency ratio and what factors influence the performance of these three ratios in the 2021-2023 period. The research method used is a qualitative descriptive research method with quantitative and qualitative data types. The research results show that the current ratio, PT. HRZ has relatively good financial performance, in 2021 it was 2,903%, in 2022 it was 156.53% and in 2023 it was 157.83%. Quick ratio, PT. HRZ has relatively good financial performance, in 2021 it was 2,855%, in 2022 it was 140% and in 2023 it was 138%. Cash ratio, PT. HRZ has financial performance that is classified as very good, in 2021 it was 1,934%, in 2022 it was 140% and in 2023 it was 137%. The gross profit margin ratio shows good results, in this ratio the comparison between gross profit and total income of PT. HRZ is quite high. The net profit margin ratio shows poor results, in this ratio the comparison between net profit and total income of PT. HRZ is very low. PT.HRZ's debt to equity ratio is classified as very good, in this ratio total debt compared to total capital, recorded in 2021 the company's DER was 0%, in 2022 it was also 38.27%, and in 2023 it increased by 44.85 %, this is caused by PT. HRZ took on short-term debt in this period. PT.HRZ's debt to asset ratio is also classified as very good, in 2021 it was recorded at 0%, in 2022 it was also 27.68%, and in 2023 it decreased by 26.55%, the same as in DER, this is caused by PT. HRZ took on short-term debt in this period. Based on the results of the common size analysis of the three ratios above, from 2021 to 2023, it is stated that the performance is classified as good.

Reference this Paper: FINANCIAL PERFORMANCE ANALYSIS USING LIQUIDITY RATIONS, PROFITABILITY RATIONS, SOLVENCY RATIONS AND COMMAND SIZE ANALYSIS by Kiet Tumiwa, Novy J. Kasenda, Ruhiyat, Jolly R. Turangan, Nixon Sondakh, Jeane Ch. Lasut, Agnes J.E. Wakkary published at: "Scientific Research Journal (Scirj), Volume XII, Issue V, May 2024 Edition, Page 30-36 ".

Search Terms: Liquidity Ratio, Profitability, Solvency, Common Size Analysis

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