Financial Ratio Analysis at PT. Indocement Tunggal Prakarsa Tbk. Registered on The Indonesia Stock Exchange for the 2016 - 2020 Period

Authors

  • Silvy Kartikasari Universitas Sali Al-Aitaam, UNISAL Author
  • Dedi Karmana Politeknik LP3I Author
  • Sakti Muda Nasution Politeknik LP3I Author
  • Mira Ismirani Fudsy Politeknik LP3I Author

DOI:

https://doi.org/10.55208/rm73z581

Keywords:

Liquidity Ratio, Solvency Ratio, Profitability Ratio

Abstract

The present study investigates the evaluation of financial ratios, encompassing liquidity, solvency, and profitability ratios, at PT. Indocement Tunggal Prakarsa Tbk., a company listed on the Indonesia Stock Exchange, by analyzing financial reports spanning the period of 2016–2020. The present study employs a quantitative research methodology whereby the collected data is subjected to analysis in order to facilitate comprehension and interpretation through explanatory means. Upon conducting an analysis and subsequent discussion, the authors concluded that the assessment of financial ratios at PT. Indocement Tunggal Prakarsa Tbk. from 2016 to 2020 is primarily founded on liquidity and solvency ratios. The results indicate that the company's financial standing is generally favorable—the profitability ratios of PT. Indocement Tunggal Prakarsa Tbk. from 2016 to 2020, as analyzed through financial ratio analysis, indicates an average unfavorable state.

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Published

15-04-2023

How to Cite

Kartikasari, S., Karmana, D., Nasution, S. M., & Fudsy, M. I. (2023). Financial Ratio Analysis at PT. Indocement Tunggal Prakarsa Tbk. Registered on The Indonesia Stock Exchange for the 2016 - 2020 Period. Majalah Bisnis & IPTEK, 16(1), 150-162. https://doi.org/10.55208/rm73z581