Financial Ratio Analysis Research Articles

Analysis of Financial Ratio to Assets Financial Performance in Food and Beverage Sub Sector of Manufacturing Companies Listed on the Indonesian Stock Exchange (IDX) for the Period 2019-2022

The purpose of this study is to use financial ratio analysis to evaluate the company's financial performance. The food and beverage companies that are listed on the Indonesia Stock Exchange (IDX) for the 2019–2022 timeframe comprise the study's population. Secondary data from the Indonesia Stock Exchange publication is the sort of data that was used. Eight businesses served as the study's samples, which were selected using a purposive sampling technique. Multiple regression analysis is the method of data analysis that is employed. The Eight businesses are PT Tri Banyan Tirta Tbk, PT Wilmar Cahaya Indonesia Tbk, PT Garudafood Putra Putri Jaya Tbk, PT Buyung Poetra Sembada Tbk, PT Indofood CBP Sukses Makmur Tbk, PT Mayora Indah Tbk, PT Sekar Laut Tbk, and PT Ultra Jaya Milk Industry & Trading Company Tbk. The study's findings show that while liquidity has a large positive impact on financial performance, solvency has a large impact on financial performance, profitability has a significant impact on financial performance.

Comparative Analysis of Financial Ratio Before and During the Covid-19 Pandemic in Retail Trade Companies in Indonesia Before and During the Covid-19 Pandemic

This study aims to determine the financial performance of retail trading companies listed on the Indonesia Stock Exchange before and during the first year of the COVID-19 pandemic in 2020 until early 2021. The financial ratios used are the current ratio, debt to asset ratio, debt to equity ratio. , total assets turnover, and return on equity. The population in this study are companies listed on the Indonesia Stock Exchange. Sampling was done by purposive sampling method. . The population is 26 retail trading companies listed on the Indonesia Stock Exchange in 2020. A sample of 24 companies that have published their financial statements 2020. The data analysis method used is the paired sample t-test and the Wilcoxon signed rank test, which were previously tested normality. The results of the analysis show that the company's profitability during the COVID-19 pandemic when viewed from ROA, ROE and PM can be said to be unhealthy, because the company's average profitability is below the industry standard ratio value. Meanwhile, the company's liquidity during the COVID-19 pandemic when viewed from the CR, DER and DAR can also be said to be unhealthy. This can be seen from the average ratio value, far from the industry standard ratio value.

Financial Ratio Analysis to Measure Company Performance

Financial Ratio Analysis to Measure Company Performance

Analisis Keuangan Pelaku UMKM Berbasis Local Wisdom Di Kota Palangka Raya

This research presents a thorough analysis of the financial aspects influencing the performance of Micro, Small, and Medium Enterprises (MSMEs) based on local wisdom in their operational activities. Through a case study approach, financial ratio analysis, and survey, we explore the financial performance faced by locally based MSMEs. The implications of this research are significant for the government, business actors, and society in supporting the growth and sustainability of locally based MSMEs, as well as providing guidance for more effective policies to support this sector. Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in the national and local economy, determined by criteria such as net worth, annual sales, and number of employees. Financial analysis of locally based MSMEs explores the financial aspects of micro, small, and medium enterprises (MSMEs) relying on local wisdom in their operations. This research aims to understand the financial performance, challenges, and opportunities faced by locally based MSMEs. The analysis methods used include quantitative descriptive with calculations of profitability ratios and activity ratios to gain comprehensive understanding. The results of this research are expected to provide insights for stakeholders, including the government, business actors, and society, in supporting the growth and sustainability of locally based MSMEs.

Analysis of Financial Ratio to Economic Value Added at PT. Sharia People's Financing Bank (BPRS) Puduarta Insani Deli Serdang

This research aims to analyze the Financial Ratio to Economic Value Added at PT. Sharia People's Financing Bank (BPRS) Puduarta Insani Deli Serdang. Specifically, to analyze the measurement of Return On Equity (ROE) and Debt to Equity Ratio (DER) on Economic Value Added (EVA). The research approach uses Quantitative with Regression Data Type from 2016 - 2023, Multiple Linear Regression analysis techniques. The results of this research are: 1) Return On Equity (ROE) has a positive and partially significant effect on Economic Value Added (EVA), because an increase in equity can increase the added value of positive Economic Value Added (EVA) at PT. Sharia People's Financing Bank (BPRS) Puduarta Insani Deli Serdang; 2) Debt to Equity Ratio (DER) has a negative and partially significant effect on Economic Value Added (EVA), because debt that exceeds the asset value can reduce the equity value. Low Equity will cause a negative Economic Value Added (EVA) value at PT. Sharia People's Financing Bank (BPRS) Puduarta Insani Deli Serdang; 3) Return On Equity (ROE) and Debt to Equity Ratio (DER) simultaneously have a positive and significant effect on Economic Value Added (EVA) at PT. Sharia People's Financing Bank (BPRS) Puduarta Insani Deli Serdang.

Zomato’s Quest for Survival

The case of ‘Zomato’s Quest for Survival’ focuses on the concept of value relevance of accounting information. The case deals with financial ratio analysis, comparative financial statement analysis, cost–volume–profit analysis and DuPont analysis. The case also deals with the effect of acquisition on the acquiring firm’s fundamentals, post-acquisition. The case explores the potential growth of India’s food delivery market and goes on to explore Zomato’s business strategy and source of income. The case starts with Mr. Arghadip considering purchasing Zomato Ltd. Shares. He, therefore, gathered information from various sources to assess the company’s fundamentals and prospects for the future. A lot of questions worth discussing were brought up by the case. The ideal students for the case would be students of B.Com, M.Com, BBA and MBA. The case can also be discussed in Chartered Accountant and Cost and Management Accountant courses.

Analisis Rasio Keuangan Untuk Mengukur Kinerja Keuangan Pada Pt. Sumber Alfaria Trijaya Tbk

This study aims to determine and analyze financial performance using financial ratio analysis in PT. Sumber Alfaria Trijaya Tbk. Period 2018-2022. This type of research is descriptive quantitative research. The research was conducted through the official website of the Indonesia Stock Exchange (IDX). The population in this study is all financial statements of retail companies in the supermarket and minimarket subsector listed on the Indonesia Stock Exchange for 2018 - 2022, while the sample of this study is PT. Sumber Alfaria Trijaya Tbk for the period 2018-2022. The data collection technique in this study is documentation while the data analysis technique uses financial ratios namely liquidity ratio, solvency ratio, activity ratio and profitability ratio and market value ratio. The results showed that the level of financial ratios of PT. Sumber Alfaria Trijaya Tbk. tends to be above the industry standard average which shows financial performance is in good condition.

Financial Ratio Analysis in Determining Stock Investment on Banking Companies Listed on IDX for the 2018-2022 Period

This research aims to determine the effect of Return On Assets (ROA), Return On Equity (ROE), Debt to Equity Ratio (DER), and Earning Per Share (EPS) to stock price in banking companies listed on the Indonesia Stock Exchange (IDX) period 2018-2022. The independent variables (X) in this research are ROA (X1), ROE (X2), DER (X3), and EPS (X4). Meanwhile, the dependent variable (Y) in this research is stock price. The method used in this research is descriptive quantitative method. The population in this research is all banking companies listed on the Indonesia Stock Exchange for the 2018-2022 period totaling 46 companies. The method for determining the research sample used purposive sampling, the total research sample was 27 companies and the number of observations was 135 companies. Based on the research results, it shows that partially ROA, ROE, and DER have no effect and are not significant on stock price, while EPS partially has a significant effect on stock prices. Simultaneously ROA, ROE, DER, and EPS have a significant effect on the stock prices.

Beyond "Blind Spots": Illuminating Financial Pathways for Thriving Agrotourism as a Family Business

Purpose: This scientific research study aims to highlight the management of blind spots in agrotourism with the clear goal of helping farmers by offering them useful financial ratio analysis. Design/Methodology/Approach: Conducted in-depth interviews with agrotourism owners and conducted a comprehensive review of existing academic literature, industry reports, and government publications on financial management in family-run businesses and agrotourism. Findings: By acknowledging and addressing core "blind spots," family-run agrotourism businesses can cultivate a culture of financial awareness and proactive planning. The project appears to have a benefit-cost ratio (1.478) that is positive, meaning that benefits exceed expenses. Given the high internal rate of return (45.56%), the investment may out to be quite beneficial. The project's financial viability is further supported by the profitability index (1.37), which is higher than 1. Practical Implication: We have analyzed financial ratios, such as profitability index, benefit cost ratio, payback period ratio, current ratio, net profit margin, fixed turnover assets ratio, Internal rate of return, working capital turnover ratio, return on investment, gross margin etc. to assess the profitability and performance of the agrotourism. In order to maximize revenue from agrotourism, we monitored a number of factors before calculating break-even analysis. These included financial risks, profitable revenue streams, and seasonal variations in demand and income during off-peak seasons, off-farm income, and operating costs. This type of all analysis useful for avoid blind spots in agrotourism. Originality/Value: Offering concrete strategies and frameworks tailored to family agrotourism business can directly benefit practitioners, enhancing their financial resilience and contributing to business success.

Analisis Rasio Keuangan Organisasi Pengelola Zakat

Financial ratio analysis is one of the measuring tools that can be used to analyze the financial condition of an institution. This study aims to measure and analyze the financial performance of City and District Zakat Management Organizations (OPZ) in Indonesia for the period 2019 and 2020 based on the ratio of activity, efficiency, amil funds, liquidity and growth. The method used in this research is descriptive qualitative with calculations using OPZ Financial Ratios published by PUSKAS BAZNAS. The data used in this study is secondary data obtained from financial reports published on the website. There are 8 samples used in 2019 and 10 samples used in 2020 that fulfill the sample criteria. The results of the study based on the overall activity ratio seen from the average performance in both years were effective and good. In the efficient ratio, 2019 as a whole showed inefficient results, while 2020 showed efficient results. The ratio of amil funds in both years showed good performance. The overall liquidity ratio in 2020 showed good performance results compared to 2019. The growth ratio in 2020 showed good performance, while 2019 showed poor performance.

ANALISIS RASIO KEUANGAN MENGGUNAKAN TIME SERIES DAN CROSS SECTION UNTUK MENILAI KINERJA KEUANGAN PERUSAHAAN

The purpose of this study was to analyze the financial ratios of manufacturing companies listed on the IDX for the 2019-2023 period using financial ratio analysis, namely liquidity ratios, profitability ratios and activity ratios to assess the company's financial performance. The type of research used by researchers is descriptive quantitative using time series and cross sections, the data used in this research is secondary data, the results of the research show the average value of liquidity ratio PT. Gudang Garam Tbk. has the highest average current ratio and quick ratio values, while the highest average cash ratio is at PT. HM Sampoerna Tbk. The highest average value of activity ratio and profitability ratio of the three companies, namely PT. Gudang Garam Tbk. and PT. Bentoel International Investama Tbk. are PT. HM Sampoerna Tbk., this shows that the ability of PT. HM Sampoerna Tbk. more efficient in daily activities and the profits obtained within a period of 5 years (2019-2023) are more effective than PT. Gudang Garam Tbk and PT. Bentoel International Investama Tbk.

The Influence of Equity Levels, and Liquidity on Profitability at PT Bank Sumut Pusat Medan City Period 2020 to 2022

A financial ratio analysis is critical for understanding a company's financial situation. Financial ratios play a vital part in determining How Many financial factors influence a company's future performance. This study was carried out to gather empirical data on the impact of equity and liquidity on profitability at PT Bank Sumut Pusat in Medan City. The data was gathered from monthly financial records evaluated at PT Bank Sumut Pusat in Medan City. Data was gathered through interviews and data management and then analyzed using multiple linear regression. In this study, the data was processed via SPSS. This study employed a sample of 36 monthly reports collected over three years. Specifically, the years 2020–2022. This study's findings demonstrate (1) Equity and liquidity do not have a concurrent and small impact on profitability, and (2) partial equity (3) Partial liquidity has no influence and is not substantial on profitability

Enhancing Financial Vulnerability Models for Non-Profit Organizations: Integrating Financial Ratios and Macroeconomic Indicators for Comprehensive Risk Assessment

Purpose: This research advances the financial vulnerability prediction model for Non-Profit Organizations (NPOs) by incorporating a comprehensive set of financial and macroeconomic indicators, aiming to refine risk management and strategic planning within the sector. Theoretical Framework: Building upon Tuckman and Chang (1991) foundational work, this study addresses the evolving financial landscape's complexities. It expands on traditional financial ratio analyses to include broader economic conditions affecting NPOs, recognizing the limitations of previous literature. Design/Methodology/Approach: The study analyzes financial data from two NPOs (2017-2021), using three models to assess the influence of internal financial ratios (e.g., Debt Ratio, Cash Ratio, Net Operating Margin) and external macroeconomic factors (e.g., inflation, GDP growth) on NPO financial vulnerability and performance. Findings: Results highlight a significant positive relationship between the Cash Ratio and Return on Assets, underscoring liquidity management’s importance for NPO sustainability. Other factors showed minimal impact, suggesting a nuanced approach to financial vulnerability. Research Implications: The findings emphasize the necessity of integrating financial ratios with macroeconomic indicators in NPO management strategies, offering a refined model for understanding and mitigating financial risk. Originality/Value: This study enhances the financial management literature for NPOs by incorporating macroeconomic indicators into vulnerability assessment models. It provides a comprehensive framework for robust financial planning, filling a crucial gap in non-profit financial analysis and contributing to the sector’s resilience.

Ratio Analysis of Axis Bank

This report presents a thorough examination of AXIS Bank's financial performance utilizing ratio analysis as the primary tool. Ratio analysis offers a quantitative method to assess the bank's financial health and operational efficiency by comparing key financial metrics over time and against industry benchmarks. The analysis begins by evaluating AXIS Bank's current ratio, which measures the proportion of current assets to current liabilities. A higher current ratio indicates a greater ability to cover short-term obligations, suggesting a healthy liquidity position. Conversely, a lower ratio may raise concerns about liquidity risk. In the case of AXIS Bank, the current ratio analysis reveals a robust position, indicating a prudent allocation of resources towards current assets. Furthermore, the report explores the quick ratio, also known as the acid-test ratio, which provides a more stringent assessment of liquidity by excluding inventory from current assets. This ratio helps determine the bank's ability to meet short-term obligations without relying on inventory liquidation. Comparing the quick ratio with the current ratio provides additional insights into the composition of AXIS Bank's current assets and its liquidity management practices. Additionally, the analysis considers the fixed/worth ratio, which assesses the proportion of fixed assets financed by owner's equity. A higher fixed/worth ratio suggests greater reliance on equity financing for fixed asset investments, indicating a lower financial risk. Conversely, a lower ratio may signal higher leverage and potential financial vulnerability. Evaluating this ratio provides valuable insights into AXIS Bank's capital structure and risk management strategies. Furthermore, the report examines the cash flow statement to assess the bank's cash generation and utilization across operating, investing, and financing activities. Analyzing cash flow patterns helps identify trends in cash generation, liquidity management, and investment decisions. In the case of AXIS Bank, the analysis reveals a positive trend in cash generated from operating and financing activities, indicating healthy cash inflows. However, negative cash flow from investing activities warrants further investigation into the bank's investment strategies and capital expenditure decisions. Overall, this comprehensive analysis of AXIS Bank's financial ratios and cash flow dynamics provides valuable insights into the bank's financial position, liquidity management, and operational efficiency. The findings offer a basis for strategic decision-making and recommendations to optimize performance and ensure sustained growth and stability..

Analisis rasio terhadap kinerja keuangan pada PT Supra Boga Lestari Tbk

This study was conducted to determine the financial performance of PT Supra Boga Lestari Tbk as seen from the analysis of financial ratios for 2019-2022. The ratios to be analyzed are solvency ratios including debt to asset ratio and debt to equity ratio. Liquidity ratios include current ratio, quick ratio and cash ratio and profitability ratios include net profit margin, return on asset ratio and return on equity ratio. The research conducted is quantitative descriptive research by collecting, describing and describing the data as it is. The data source in this study is secondary data taken from the financial statements of PT Supra Boga Lestari Tbk published on the Indonesia Stock Exchange website. Based on the results of the ratio analysis of the financial statements of PT Supra Boga Lestari Tbk, it is known that the solvency ratio in 2019-2022 seen from the average value of the debt to asset ratio and debt to equity ratio is in poor condition. The liquidity ratio in 2019-2022 seen from the average value of the current ratio, quick ratio and cash ratio is in poor condition, as well as the profitability ratio seen from the average value of the net profit margin ratio, return on asset ratio and return on equity ratio in poor condition. from the results of the analysis of the financial ratios of PT Supra Boga Lestari Tbk from 2019-2022 it can be concluded that the company's financial performance from the solvency ratio shows that the company has a very high debt burden. The liquidity ratio shows that the company is less able to pay off its short-term debt, while the profitability ratio shows that the company's capital and assets have not been used optimally in making a profit.

Analysis of Financial Ratios that Relate to Market Value of Listed Companies that have Announced the Results of their Sustainable Stock Assessment, SET ESG Ratings 2023

Analysis of Financial Ratios that Relate to Market Value of Listed Companies that have Announced the Results of their Sustainable Stock Assessment, SET ESG Ratings 2023

An Analysis of Amazon’s Internal and External Environments

In the vast landscape of global commerce, Amazon, globally renowned as a premier retailer and a leading provider of cloud services, operates within a dynamic framework shaped by both external and internal forces. This paper meticulously scrutinizes the multifaceted environments in which Amazon operates, shedding light on the intricacies of its challenges and opportunities. Delving into an exploration of Amazon's financial landscape, the study employs a comprehensive financial ratio analysis. This analytical approach serves as a tool for stakeholders, particularly investors, to glean deeper insights into Amazon's financial performance. By deciphering key ratios, this analysis aims to empower decision-makers with the requisite information for making informed and strategic choices. Specifically, the essay endeavors to provide a discerning projection of Amazon's revenue growth rate. This predictive endeavor is undertaken with a cognizant awareness of the complexities inherent in market dynamics, offering stakeholders a foundation upon which to formulate prudent and well-informed decisions.

STUDY ON MANAGEMENT OF WORKING CAPITAL OF COFORGE LTD

The project report provides a comprehensive analysis of working capital management at Coforge IT Solutions Ltd., emphasizing the practical experience gained in a corporate setting. The report outlines the finance department’s functions, divisional structure, and decision-making processes related to working capital management. Key aspects such as the relationship between a company’s short-term assets and liabilities, and the goal of ensuring sufficient cash flow for operational expenses and debt obligations are discussed. The report details the use of working capital in various aspects of the company’s operations, including raw materials, work in progress, finished goods, inventories, sundry debtors, and day-to-day cash requirements. Furthermore, the report includes a detailed analysis of financial ratios over the last five years, such as working capital turnover ratio, quick ratio, current ratio, and inventory turnover ratio. It concludes that Coforge IT Solutions Ltd. Effectively manages its working capital, with all departments working in coordination. However, the report also provides suggestions for further improvement based on the project study, aiming to enhance the company’s progress. The period considered for the study is five years i.e from Financial year 2018-19 to 2022-23. The research methodology adopted for this study is both primary and secondary of data which include annual reports & websites, questionnaire, phone call interview & face to face meeting. This project tries to evaluate how the management of working capital is done in Coforge IT Solutions Ltd. Through Intra Firm Ratio Analysis and comparative Statement Analysis. The Study of working capital management has shown that Coforge IT Solutions Limited has a fairly strong working capital position. The company is also enjoying reasonable profits.

Analisis Kinerja Keuangan dan Strategi Manajemen PT Bukalapak.com Tbk Pra & Pasca Initial Public Offering (IPO)

The research aims to analyze differences in company financial performance before and after the Initial Public Offering. The research period is three years before and two years after the IPO. The object of this research is PT Bukalapak.com Tbk which is conducting an IPO in 2021. The analytical method used is the Analysis of Financial Liquidity Ratios, Activity Ratios, Profitability Ratios, and Solvency Ratios and in-depth interviews with the person in charge (key person) of the company to confirm and strengthen the analysis results. The research results show that there are significant differences in the company's financial performance, namely liquidity, activity, and solvency before and after the IPO, while the company's profitability experienced a decline in performance after the IPO in the first year and improved in the second year after the IPO until it was able to record its first positive performance in the second year after the IPO.

Komparasi Kinerja Keuangan dan Islamicity Performance Index Bank Umum Syariah Indonesia Sebelum dan Selama Pandemi Covid-19

This study aims to analyze the financial performance of Sharia commercial banks between before and during the covid-19 pandemic. This study uses an analysis of financial ratios and islamicity performance index to measure the financial performance. This study uses a quantitative method by using a comparative approach that compares the similarities or differences of three objects studied in a certain frame of mind. This study uses quarterly financial reports in 2018-2021. The population of this research is Islamic commercial banks that registered with OJK and issue quarterly financial reports. The statistical method used is the descriptive statistical test and Wilcoxon signed-rank test. The results show differences in the financial ratio (for KPMM, NPF, FDR, NI, and BOPO), islamicity performance index (for Profit Sharing Ratio and EDR_Qard & Donation) of Islamic commercial banks between before and during the pandemic