Abstract
The purpose of this study is to examine how PT. Ace Hardware Indonesia Tbk, which is listedon the Indonesia Stock Exchange (IDX), used financial measures to assess its financialperformance from 2021 to 2023. PT ACE Hardware Indonesia Tbk is a retail business thatsells lifestyle and home goods. The financial ratio analysis approach was employed to collectquantitative data for the investigation. Liquidity ratios—current, quick, and cash—activityratios—fixed asset turnover, total asset turnover—leverage ratios—debt to total assets, debtto capital—and profitability ratios—gross profit margin, operating profit margin, net profitmargin, return on investment, and return on capital—are the financial ratios that are used.Additional sources of data were used in this research. approaches to collecting data withdocumentation studies, The income statements and balance sheets from 2021 to 2023 that areaccessible on the Indonesia Stock Exchange belong to the secondary data documents thathave been used. The research results showed that, with the company's ups and downsbetween 2021–2023, the liquidity and ratios of leverage had excellent financial results. Theactivity ratio shows a relatively good financial performance, showing how important it is forthe company to maximize the best posible use of its asset in order to fulfill its financial responsibilities. The profitability ratio shows the company's substandard financialperformance and the failure of management to effectively oversee assets and guaranteeongoing operations in order to produce predictable profits. However, the company couldoffer its products at a reduced price according to the gross profit margin. The study'sconclusion offers data regarding the importance of financial metrics for assessing thecompany's financial health to investors and other stakeholders. The suggestions center onimproving the management of assets and liabilities in order to fortify the business's financialposition moving forward
Published Version
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