Abstract
The purpose of this study is to determine the financial performance of PT. Poly-chem Indonesia Tbk using financial ratio analysis from 2017 to 2019. The finan-cial ratios analyzed are Current Ratio (CR), Quick Ratio (QR), Debt Ratio (DR), Debt to Equity Ratio (DER), Gross Profit Margin (GPM), Net Profit Margin (NPM), Return on Investment (ROI) and Return on Equity (ROE). The data in this study uses data in the 2017-2019 financial statements. The data analysis meth-od used is the horizontal analysis method, which is useful for comparing financial reports in certain years. From the data analysis, it can be seen that the liquidity ratio of PT. Polychem Indonesia Tbk seen from the average CR and QR in the last 3 years was 336.5% and 184.1%. This proves that the current ratio and a quick ratio of PT. Polychem Indonesia Tbk is in good condition. The solvency ratio of PT. Polychem Indonesia Tbk is seen from the average DR and DER of PT. Polychem Indonesia Tbk in the last 3 years amounted to 22.6% and 33.1%. This condition shows the debt ratio and debt to equity ratio of PT. Polychem In-donesia Tbk is in good condition. Profitability ratio of PT. Polychem Indonesia Tbk seen from the Average Gross Profit Margin (GPM), Net Profit Margin (NPM), Return on Investment (ROI) and Return on Equity (ROE) in the last 3 years each was 0.0%, -5,3%, -4.8% and -6.1% are in poor condition because they are below the industry standard.
Highlights
In this era of globalization, technology is changing very rapidly
The solvency ratio uses the ratio of debt and the ratio of debt to equity
Based on the results of the above analysis, it can be concluded that: 1. The financial performance of PT Polychem Indonesia Tbk is seen from the liquidity ratio during the period 2017 to 2019 in good condition
Summary
In this era of globalization, technology is changing very rapidly. In this era, information is easy to get quickly. There are many benefits for the business world. Many companies have advantages in terms of competing with one company with another company, with these advantages, companies can be able to maintain existing performance within the company. Because good financial performance allows the company to keep its finance. This could be a factor in the company’s benchmark
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
