Management Research and Behavior Journal
Vol 1, No 2 (2021)

Analysis of Financial Ratio Determinants for Increasing Operating Profit in MSMEs Service Sector: an Empirical Case Study from Barber Shop Business in Indonesia

Muammar Khadafi (Universitas Malikussaleh, Aceh Utara)
Marzuki Marzuki (Universitas Malikussaleh, Aceh Utara)
Chairil Akhyar (Universitas Malikussaleh, Aceh Utara)
Chalirafi Chalirafi (Universitas Malikussaleh, Aceh Utara)
Fuadi Fuadi (Universitas Malikussaleh, Aceh Utara)
Irada Sinta (Universitas Malikussaleh, Aceh Utara)
Rico Nur Ilham (Universitas Malikussaleh, Aceh Utara)



Article Info

Publish Date
30 Dec 2021

Abstract

This study aims to analyze the Financial Ratios of MSMEs in the haircut service sector at Raden The Barber Banda Aceh from 2015-2019. The data analysis method used in this study uses Profitability Ratios, Liquidity Ratios, Solvency Ratios and Activity Ratios to assess Financial Performance, in accordance with the regulations stipulated by the Decree of the Minister of Small and Medium Enterprises of the Republic of Indonesia No. 06/Per/M.KUKM/V/2006. From the results of data analysis, it can be seen that the Profitability Ratio of Raden The Barber Banda Aceh from 2015-2019 can be said to be good, with indicators of GPM (99.35%), NPM (56.78%) and ROA (18.26%), with an overall indicator has a value greater than 10%. The results of the analysis of the Liquidity Ratio of Raden The Barber Banda Aceh from 2015-2019 can be said to be good, with the QR (622.97%) and CR (695.41%) indicators with overall indicators having values greater than 200%. Furthermore, the results of the Solvency Ratio analysis of Raden The Barber Banda Aceh from 2015-2019 can be said to be good, with the DAR indicator (1.45%) which has a value less than 40%. Finally, the results of the analysis of Raden The Barber Banda Aceh's Activity Ratio from 2015-2019 can be said to be good, with indicators of TATO (32.11%) and RTO (15.13%), with overall indicators having values greater than 10%.

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Journal Info

Abbrev

mrbj

Publisher

Subject

Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences Other

Description

Management Research and Behavior Journal (MRBJ) E-ISSN 2798-3617 is an international scholarly journal devoted in publishing papers using multidisciplinary approaches in management with a strong emphasis on business, human resources, finance and behaviour. Management Research and Behaviour Journal ...