Financial Ratio As Indicator For Measuring Financial Performance Of Cement Company
Authors
Faiqul Abror
universitas kh. bahaudin mudhary madura
Author
Usman Anis Syafaat
Departement, Management, Fakultas Ekonomi dan Bisnis, Universitas KH. Bahaudin Mudhary Madura, Sumenep, 69451, Indonesia
Author
Moh. Sofwan Kastir
Departement, Management, Fakultas Ekonomi dan Bisnis, Universitas KH. Bahaudin Mudhary Madura, Sumenep, 69451, Indonesia
Author
Keywords:
financial ratio, financial ratio analysis and financial performance
Abstract
This study aims to determine the financial performance of PT Indocement Tunggal Prakarsa, Tbk, PT Semen Indonesia, Tbk, and PT Holcim Indonesia, Tbk by using financial ratio analysis, namely liquidity ratio, solvency, profitability, activity, and growth ratio. This study uses quantitative descriptive data analysis techniques. The results of this study show that of the three companies, PT Indocement Tunggal Prakarsa, Tbk has the best performance compared to the other two companies. This can be seen from the average results of liquidity, profitability, activity, and growth ratios that are above the sample average and from the average results of solvency ratios that are below the sample average.
