International Journal of Research in Vocational Studies (IJRVOCAS)
Vol. 2 No. 1 (2022): IJRVOCAS - April

Analysis of Financial Statements to Measure Performance at PT. Kino Indonesia, Tbk 2015-2019

Yuli Fitriyani (Politeknik Negeri Tanah Laut)
Mufrida Zein (Politeknik Negeri Tanah Laut)
Radna Nurmalina (Politeknik Negeri Tanah Laut)
Mega Putri Diyani (Politeknik Negeri Tanah Laut)

Article Info

Publish Date
13 Apr 2022

Abstract

This study aims to analyze the financial performance of PT. Kino Indonesia Tbk from 2015-2019 by calculating financial ratios. The type of data used is quantitative data. The data collection methods used were documentation and literature study which were analyzed using financial ratios, namely liquidity ratios, solvency ratios, and profitability ratios. The results show that the liquidity ratio, namely the current ratio, is not yet effective because the company has not been able to pay current debts using assets, while the quick ratio is declared effective because the company is able to pay short-term debt with current assets without taking inventory into account. The solvency ratio, namely the debt to asset ratio, is declared ineffective because the company has not been able to pay all of its debts using assets and the debt to equity ratio is effective because the company is able to pay all its debts using all equity. Profitability ratios, namely return on assets and return on equity, fluctuate every year because the company has not been able to obtain maximum profit.

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Journal Info
International Journal of Research in Vocational Studies (IJRVOCAS)
Website

Abbrev

ijrvocas

Publisher

Yayasan Ghalih Pelopor Pendidikan

Subject

Aerospace Engineering Automotive Engineering Biochemistry, Genetics & Molecular Biology Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Education Electrical & Electronics Engineering Energy Engineering Environmental Science Industrial & Manufacturing Engineering Materials Science & Nanotechnology Mechanical Engineering Social Sciences Other

Description

The International Journal of Research in Vocational Studies (IJRVOCAS) is a double-blind peer-reviewed journal. This journal provides full open access to its content on the principle that making research freely and independently available to the science community and the public supports a greater ...