Analisis Rasio Keuangan Untuk Menilai Kinerja Keuangan PT Gudang Garam Tbk Tahun 2017-2019

Abstract

Financial performance is one of the factors that shows the effectiveness and efficiency of a company in achieving its goals. An important factor in financial performance is measuring the company's performance so that it can be used to assess its success compared to the previous year and can determine targets for the following year. Therefore, the research was taken with the title “Analisis Rasio Keuangan Untuk Menilai Kinerja Keuangan pada PT Gudang Garam Tbk Tahun 2017-2019” The type of research used is descriptive. This research is used to determine financial performance PT Gudang Garam Tbk. This study focuses on the financial statements of 2017, 2018 and 2019, with liquidity ratios, solvency ratios, profitability ratios, and assessment ratios. The data used is secondary data. Secondary data in this study were taken through the Indonesia Stock Exchange. The results of this study can be seen that the liquidity ratio obtained results in the current ratio in 2017 having good criteria in 2018 and 2019 to increase to be very good. The solvency ratio shows that the debt to equity ratio and the debt ratio have very good criteria. The profitability ratio obtained results on the net profit margin has quite good criteria in 2017 to 2019, Return on Assets in 2017 and 2018 has good criteria and in 2019 it has increased to be very good, Return on Equity has good criteria in 2017 and 2018 to increase to be very good in 2019. The assessment ratio obtained  from the results of the Price Earnings Ratio had  the highest average in 2017 but in  2019 decreased.