FINANCIAL PERFORMANCE ANALYSIS OF PT. INDORITEL MAKMUR INTERNATIONAL TBK, ON THE INDONESIAN STOCK EXCHANGE Ismah1), Muryani Arsal 2) Nasrullah3)

Authors

  • Ismah Ismah Management Study Program, Faculty of Economics and Business, Universitas Muhammadiyah Makassar, Indonesia
  • Muryani Arsal
  • Nasrullah Nasrullah

DOI:

https://doi.org/10.55227/ijerfa.v2i4.152

Abstract

The aim of this research is to determine the comparison of financial performance as measured through financial ratio analysis, which consists of: Liquidity Ratios With Indicators Current Ratio, Cash Ratio,Working Capital To Asstes, Solvency Ratios With Indicators Debt Ratio,Debt Ratio, Debt To Equity Ratio, Activity Ratios With Indicators Total Asset Turnover, Receivable Turnover, Working Capital Turnover, And Profitability Ratios With Profit Indicators, Margin. Return On Investment, Return On Equity. The objek of research is PT. Indoritel Makmur Internasional Tbk. The type of research carried out is quantitative. The results of this research show the financial performance of PT. Indoritel Makmur Internasional, Tbk on the indonesia stock exchange 2019-2023. The liquidity value decreases, the solvency ratio value decreases, the activity ratio decreases, the profitability ratio is constant. The results of this research can be used by PT. Indoritel Makmur Internasional, Tbk to evaluate financial performance, espacially those experiencing decline.

References

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Oktaviani, A. R., Sentosa, N. A., Rostiani, Y., & Rustiadi, R. (2023). Financial Performance Analysis Using Dupont System Analysis (Empirical Study at PT Sumber Alfaria Trijaya Tbk 2019-2022 Period). 03(01), 41–52.

Purwanti, D. (2021). Determination of Company Financial Performance: Analysis of Liquidity, Leverage and Company Size (Literature Review of Financial Management). Journal of Applied Management Science, 2(5), 692–698. https://doi.org/10.31933/jimt.v2i5.593

Rizqi, R. M., & Intan Syahfitri, D. (2020). Indonesian Journal of Economics and Business ANALYSIS OF FINANCIAL RATIO TO ASSESS PERFORMANCE. Jebi, 05(01), 19–24. www.idx.co.id.Source

Rochman, R., & Pawenary, P. (2020). Analysis of Financial Reports in Assessing the Financial Performance of Pt Harum Energy for the 2014 - 2019 Period. Economic Journal of Information Systems Management, 2(2), 171–184. https://doi.org/10.31933/jemsi. v2i2.382

Arini Dewi Chintyana, Cyntiana Kosasih, Dea Novita, Dedeh Ropikoh, Deni Rizki Rifaldi, Dewi Hanitri, Dina Anggi Lestari, & Lilis Sulastri. (2020). Analysis of Financial Ratios on Financial Performance of Pt. Angkasa Pura Ii (Persero) Period 2017 - 2019. ACCELERATION:National Scientific Journal, 2(2), 75–97. https://doi.org/10.54783/jin.v2i2.119

Asnidar, A. (2021). Financial Performance Analysis at Pt. Source Alfaria Trijaya Tbk. Listed on the Indonesian Stock Exchange for the 2017-2020 period. Economos: Journal of Economics and Business, 4(2), 82–88. https://doi.org/10.31850/economos.v4i2.818

Astuti, T. P., & Taufiq, M. (2020). Analisis Laporan Keuangan Dalam Rangka Menilai Kinerja Perusahaan Pt. Telekomunikasi Indonesia Tbk. (Periode 2014-2018). Greenomika, 2(2), 89–104. https://doi.org/10.55732/unu.gnk. 2020.02.2.2

Azlina, Y. (2022). Financial Performance Analysis of PT. Source Alfaria Trijaya TBK Using the Altman Z-Score Method. Journal of Management and Business, 03(02), 107–118.

Dinda Ayu Sieradianto Angelia, Dio Sugiharto, Dytia Nanda Lissetiawan, Egie Regita Cahyani, Erna Khusnul Novita, Fadla Nurfadilah, Feiza Nisa Insani, & Agus Joharudin. (2020). The Influence of Financial Ratio Analysis on the Financial Performance of the Company Pt. Unilever Indonesia Tbk 2017-2019. ACCELERATION: National Scientific Journal, 2(3), 27–43. https://doi.org/10. 54783/jin.v2i3.112

Frihatni, A. A., Sudirman, I., & Mandacan, F. (2021). Analysis of Hospitality Financial Performance Due to the Covid-19 Pandemic. Mandala Education Scientific Journal, 7(3), 2019–2022. https://doi.org/10.58258/jime.v7i3.2125

Oktaviani, A. R., Sentosa, N. A., Rostiani, Y., & Rustiadi, R. (2023). Financial Performance Analysis Using Dupont System Analysis (Empirical Study at PT Sumber Alfaria Trijaya Tbk 2019-2022 Period). 03(01), 41–52.

Purwanti, D. (2021). Determination of Company Financial Performance: Analysis of Liquidity, Leverage and Company Size (Literature Review of Financial Management). Journal of Applied Management Science, 2(5), 692–698. https://doi.org/10.31933/jimt.v2i5.593

Rizqi, R. M., & Intan Syahfitri, D. (2020). Indonesian Journal of Economics and Business ANALYSIS OF FINANCIAL RATIO TO ASSESS PERFORMANCE. Jebi, 05(01), 19–24. www.idx.co.id.Source

Rochman, R., & Pawenary, P. (2020). Analysis of Financial Reports in Assessing the Financial Performance of Pt Harum Energy for the 2014 - 2019 Period. Economic Journal of Information Systems Management, 2(2), 171–184. https://doi.org/10.31933/jemsi. v2i2.382

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Published

2024-06-12

How to Cite

Ismah, I., Muryani Arsal, & Nasrullah, N. (2024). FINANCIAL PERFORMANCE ANALYSIS OF PT. INDORITEL MAKMUR INTERNATIONAL TBK, ON THE INDONESIAN STOCK EXCHANGE Ismah1), Muryani Arsal 2) Nasrullah3). International Journal of Economic Research and Financial Accounting, 2(4). https://doi.org/10.55227/ijerfa.v2i4.152

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Section

Economics and Accounting