Analysis of Financial Ratios to Evaluate the Financial Performance of PT GarudaFood Putra Putri Jaya Tbk in 2020-2022

Sabda Dian Nurani  Siahaan; Ananda Putri  Utami; Fahrul Alhamdi  Hafiz; Fildzah Haryani  Harahap; Intan  Nur’aini

doi:10.55927/ajabm.v2i2.4047

Authors

Sabda Dian Nurani Siahaan Universitas Negeri Medan
Ananda Putri Utami Universitas Negeri Medan
Fahrul Alhamdi Hafiz Universitas Negeri Medan
Fildzah Haryani Harahap Universitas Negeri Medan
Intan Nur’aini Universitas Negeri Medan

DOI:

https://doi.org/10.55927/ajabm.v2i2.4047

Keywords:

Ratio, Finance, Liquidity, Solvency, Profitability

Abstract

This study aims to identify the description of the financial performance of PT. Garudafood for the 2020-2022 period. The identified relationships will help managers and decision-makers to predict the company's future performance through the organization's financial ratios. In this research analysis, liquidity, solvency, activity, profitability, and financial ratios are used to assess the financial performance of PT. Garudafood. This research was conducted using a qualitative research method carried out with a descriptive approach. Based on the research results, it is known that the form of financial ratios is complex, and the complexity is influenced by the complexity of financial reports. It should be noted that the complexity of financial reports is increasing, not only because the financial and accounting principles used are increasingly complex and numerous, but also because the numbers presented are fixed numbers. Not much innovation in the presentation of financial statements.

Downloads

Download data is not yet available.

References

Asyikin, J., & Tanu, V. S. (2011). Analisis Perbandingan Kinerja Keuangan Antara Perusahaan Farmasi Milik Pemerintah (Bumn) Dengan Perusahaan Farmasi Swasta Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Spread, 1(1), 36–48.

Altman, E. (1968). Financial Ratio, Discriminant Analysis, and the Prediction of Corporate Bankruptcy. Journal of Finance., 13(4), 589-609.

Anggoro, R. (2004). Dampak Kemajuan Teknologi Informasi terhadap Penyajian Laporan Keuangan dan Pengauditan (Vol. 5). Jurnal Akuntansi & Manajemen (JAM).

Brealey, R. A., Myers, S., & and Allen, F. (2008). Principles of Corporate Finance. (9 ed.). New York: McGraw-Hill Internatioal Edition.

Brealey, R., Myers, S., & and Marcus, A. (2012). Fundamentals of Corporarte Finance (17 ed.). New York: McGraw-Hil Irwin.

Brigham, E. F. (2015). Essentials of Financial Management (3 ed.). Singapore: Cengage Learning.

Chairunnisa, S., & A.S, B. (2017). Analysis of Emoji and Emoticon Usage in Interpersonal Communicationof Blacberry Messenger and WhatsApp Application User. International Journal of Social Science and Management., 4(2).

Fahmi, I. (2014). Analisis Kinerja Keuangan. Bandung: Alfabeta.

Fajrin, P. H., & Laily, N. (2016). Analisis Profitabilitas Dan Likuiditas Terhadap Kinerja Keuangan Pt. Indofood Sukses Makmur, Tbk. Jurnal Ilmu Dan Riset Manajemen, 5(6), 18.

Fauzi, f., Dencik, A. B., & Diah, I. A. (2019). Metodologi Penelitian untuk Manajemen dan Akuntansi. Jakarta: Salemba Empat.

Harahap, S. S. (2016). Analisis Kritis Atas Laporan Keuangan (Jakarta). Pt. Raja Grafindo Persada.