An Analysis of Financial Report in Measuring Financial Performance of Companies at PT. Pupuk Sriwidjaja in the Year of 2011-2019

Abstract

This study discusses the analysis of financial statements in measuring the company's financial performance at PT. Pupuk Sriwidjaja 2010-2019. The goal is to see the company's financial statements PT. Pupuk Sriwidjaja in terms of liquidity ratios, solvency ratios, activity ratios and profitability ratios in 2010-2019. The amount of data determined is 10 periods from the company's financial statement data. The type of data used in this study uses secondary data obtained from the official website of the company PT. Pupuk Sriwidjaja. The research approach used is a quantitative approach. The results of this study partially indicate that the liquidity ratio of the company's financial performance is in good condition, when viewed from the current ratio of 5.86 times, the quick ratio of 4.73 times, the cash ratio of 420.34%, the cash turnover ratio of 1.426.54% and INWC ratio 18,808.48%. In the solvency ratio, the company's financial performance is in good condition, when viewed from the ratio of total assets to debt of 66.58% and debt to equity ratio of 199.28%. In the activity ratio, the company's financial performance is in poor condition in carrying out daily activities and is less able to balance between sales and various elements of other assets such as inventories, fixed assets and other assets, when viewed from the fixed asset turnover of 19.75% and the ratio total asset turnover 1.14 times. In terms of profitability ratios, the company's financial performance is not in a good condition in obtaining profits on the effectiveness of a company's management if it is seen from the net profit margin ratio of 21.87%, the return on investment ratio of 19% and the return on equity ratio of 24.61%.