Financial ratio in assessing the financial performance of the company PT.Golden Energy Mines, Tbk
Main Article Content
Abstract
. Golden Mines Energy, Tbk is one _ companies operating in the field sector coal mining . Study This aim For describe , analyze and know performance finance PT.Golden Energy Mines Tbk which was founded in 2011. Problems studied about condition finance and performance finance PT. Golden Energy Mines, Tbk for 6 years start period 2017 - 2022. Data used is secondary data form report existing finances _ published on the Indonesian Stock Exchange for the period 2017 - 2022. Research This is study quantitative with measurements used _ use tool analysis form ratio finances include _ ratio liquidity , profitability , solvency and market value . Research results show ratio proxied liquidity _ with the company's current ratio and quick ratio in very good condition with The average current ratio (CR) value is 135.17% and the average quick ratio (QR) value is 127.77%. Ratio proxied profitability _ with a return on equity (ROE) reaching 59.26% and an average net profit margin (NPM) reaching 14.44%. And for ratio solvency proxied company _ with the debt to asset ratio (DAR) showing the average value is 54.84% whereas for debt to equity ratio (DER) reached average value 123.18%. And for ratio proxied market value with earnings per share (EPS) reaching average value Rp. 592.76,- per share the shares and the price earnings ratio (PER) reached the average level returns 6 times.
Downloads
Article Details
Chandrarin, G. (2017). Quantitative Approach Accounting Research Methods . Jakarta: Salemba Empat.
Darwin, M. et al. (2021). Quantitative Approach Research Methods . Indonesian Science Media.
Ganar, YB (2018). The Influence of Current Ratio, Net Profit Margin, Return On Equity and Earning Per Share on Dividend Payout Ratio in Companies listed on the Indonesian Stock Exchange for the 2013-2016 Period. JOURNAL OF BUSINESS DISRUPTION , 1 (1), 17–36.
Harahap, SS (2013). Critical Analysis of Financial Reports (Print 11). Rajawali Press Publishers.
Hilal, F. (2018). Financial Report Analysis to Assess the Financial Performance of PT. Unilever Indonesia, Tbk. Unihaz-JAZ Accounting Urnal , Vol.1 (No.1). https://doi.org/JAZ-ISSN?: 2620-8555
IAI. (2014a). Financial Accounting Standards . Jakarta. Salemba Four.
IAI. (2014b). Financial Accounting Standards, PSAK 56, Earnings Per Share . Jakarta: Salemba Empat.
Irham, F. (2014). Financial Report Analysis . Bandung: Alphabeta.
James C. Van Horne, and John M. Wachowicz, J. (2012). Principles of Financial Management (Fundamentals of Financial Management) (13th Edition). Book 1 .Salemba Four.
Cashmere. (2019). Financial Report Analysis . PT. Raja Grafindo Persada.
Mamduh, Hanafi and Halim, A. (2016). Financial Report Analysis (5th Edition). Yogyakarta: UPP STIM YKPN.
Martono and Harijito. (2013). Financial Management (Second). Ekonisia, Yogyakarta.
Munawir. (2014). Financial Report Analysis (Print-17). Liberty, Yogyakarta.
Pangestika, W. (2019). 5 Steps to Perform Financial Ratio Analysis that You Need to Know . Edition 05 September 2019. (Internet). https://www.jurnal.id/id/blog/5-angkat-bisnis-rasio-keuangan/
Rachmawati, D. (2021). Analysis of Liquidity and Solvency Ratios to Measure the Performance of Aviation Sector Companies Before and During the Covid-19 Pandemic. Journal of Business Accounting and Economics , 7 ((2)), 2013–2018.
Sherman , E. . (2015). A Manager's Guide to Financial Analysis (6 th ed) . New York City.American Management Association.
Spence, M. (1973). Job Market Signaling. The Quarterly Journal of Economics , Vol. 87 (3), 355-374.
Sudarmanto, E. et al. (2022). Quantitative and Qualitative Research Methods . We Write Foundation.
Sugiyono. (2019). Quantitative, Qualitative, and R&D Research Methods . Bandung: Alphabeta.
Wolk, et al. (2013). Signaling, Agency Theory, Accounting Policy Choice. Accounting and Business Research , Vol 18 ((69)), 47–56.
Regulation of the Minister of Finance of the Republic of Indonesia No.169/PMK.010/2015: Determining the Comparison of Company Debt and Capital for the Purposes of Calculating Income Tax
Widyanti, R. (2018). Manajemen karir: Teori, konsep, dan praktik. Rizky Artha Mulia.
Yanti, S., Haluddin, R., Rumengan, J., & Maniah, M. (2020). The Effect of Competency, Motivation of Work Training on the Work Achievement of Employees Classification Indonesia Bureau of Batam Branch. INOBIS: Jurnal Inovasi Bisnis Dan Manajemen Indonesia, 3(3). https://doi.org/10.31842/jurnalinobis.v3i3.143
Yulistiyono, A., Kurniawati, E., Kustiawan, D., Hanifa Sari, D., Marlina, L., Encep Saefullah, H., Sugiarto Wiyono, A., Purba, S., Tsanya Fariati, W., Ristia Djaya, T., H.Manurung, E., & Rachmawati, E. (2021). Manajemen Sumber Daya Manusia. Insania Team.
Yusuf, Rr. N. Z., Sawitri, D., & Farhan, D. (2021). The Effect of Training on Employee Performance Mediated by Service Quality. Management and Economic Journal (MEC-J), 5(2). https://doi.org/10.18860/mec-j.v5i2.12014
Zhang, Y., Salm, M., & van Soest, A. (2021). The effect of training on workers’ perceived job match quality. Empirical Economics, 60(5). https://doi.org/10.1007/s00181-020-01833-3
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.