Performance Analysis of PT Usaha Loka Malang
DOI:
https://doi.org/10.56070/ibmaj.v2i1.27Keywords:
Financial Performance, Liquidity Ratios, Profitability Ratios, Solvency RatiosAbstract
This research was conducted to analyze financial performance with analytical tools using Liquidity Ratios, Solvency Ratios, and Profitability Ratios. The population in this study is PT Usaha Loka. The data used are quantitative data (primary data) obtained from PT Usaha Loka. The study focused on examining liquidity, solvency and profitability in the 2018 to 2020 PT Usaha Loka Financial Statements which have been determined by purposive sampling. The results of the Liquidity Ratio analysis show that the average Current Ratio is 637.65% in good condition (200% standard) and the Quick Ratio is 96.30% in unfavorable conditions (150% standard). The Solvability Ratio analysis shows that the average Debt to Asset Ratio is 52.51% and the Debt to Equity Ratio is 1302.48%, in a bad condition because the value is above the industry standard (standard DAR 35%, DER 80%). Profitability ratios also show an average Net Margin Profit of -19.53%, Return On Assets of 2.31%, and Return On Equity of -58.24% in unfavorable condition because it is below industry standards (NPM standard 20%. , ROA 30%, ROE 40%).
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