Kajian Rasio Profitabilitas dan Rasio Solvabilitas Pt Astra International Tbk

Abstract

Assessment of financial performance for companies is important because it is used to see the company's performance in the future by knowing the overall picture of the financial position. The purpose of this study is to examine the company's financial performance using the profitability ratios calculated using the Gross Profit Margin, Net Profit Margin, Return On Assets, Return On Equity and the solvency ratio calculated using the Debt to asset ratio and the Debt to equity ratio. The method used in this research is descriptive study with the main object of this research is PT Astra International Tbk. The type of data used is secondary data, secondary data obtained from company financial statements that have been audited for the 2017-2020 period. The method of analysis in this study is horizontal analysis by comparing financial statements with different periods. The results in the study using the profitability ratios from the 2017-2020 period on Gross Profit Margin and Net Profit Margin fluctuated which indicated that the company's operational performance was not good, Return On Equity had decreased and Return On Assets was in a fluctuating condition. For calculations using the solvency ratio has decreased, which means the company's financial performance is getting better and more effective.