ANALISIS KINERJA KEUANGAN MENGGUNAKAN RASIO LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS PADA PT. ANDIRA AGRO TBK

Abstrak

This study aims to examine the financial stability of PT. Andira Agro Tbk using liquidity, solvency, and profitability ratios. This study uses a quantitative descriptive approach. The sample in this study is the annual financial report of PT. Andira Agro Tbk from 2020-2024. Data collection techniques carried out in this study, through the Indonesia Stock Exchange (IDX) website and the annual financial report of PT. Andira Agro Tbk. The results of the study show that based on the average current ratio of PT. Andira Agro Tbk's financial performance during 2020-2024 is considered illiquid because it does not meet the industry standard of 200%, the average quick ratio during 2020-2024 is considered illiquid because it is below the industry standard of 150%, the average cash ratio during 2020-2024 is considered illiquid because it is below the industry standard of 50%. The average debt to assets ratio during 2020-2024 is considered good because it is above the industry standard of 35%, the average debt to equity ratio during 2020-2024 is considered good because it is above the industry standard of 90%. The average return on assets during 2020-2024 is considered poor because it is below the industry standard of 30%, the average return on equity during 2020-2024 is considered poor because it is below the industry standard of 40%, and the average net profit margin during 2020-2024 is considered poor because it is below the industry standard of 20%. The results show that the solvency ratio of the debt to assets ratio and debt to equity ratio indicators each show an average above the industry standard and are considered good. The results of this study are expected for PT. Andira Agro Tbk to improve the liquidity ratio and solvency ratio in order to increase sales.

Penelitian ini bertujuan untuk mengkaji stabilitas keuangan PT.Andira Agro Tbk menggunakan rasio likuiditas, solvabilitas, dan profitabilitas. Penelitian ini menggunakan pendekatan deskriptif kuantiatif. Sampel dalam penelitian ini adalah laporan keuangan tahunan PT.Andira Agro Tbk dari tahun 2020-2024. Teknik pengumpulan data yang dilakukan dalam penelitian ini, melaui web Bursa Efek Indonesia (BEI) dan laporan keuangan tahunan PT. Andira Agro Tbk. Hasil penelitian menunjukkan bahwa berdasarkan rata-rata current ratio kinerja keuangan PT. Andira Agro Tbk selama tahun 2020-2024 dinilai tidak likuid karena tidak memenuhi standar industri 200%, rata-rata quick ratio selama tahun 2020-2024 dinilai tidak likuid karena dibawah standa industri 150%, rata-rata cash ratio selama tahun 2020-2024 dinilai tidak likuid karena berada dibawah standar industri 50%. Rata-rata debt to assets ratio selama tahun 2020-2024 dinilai baik karena berada diatas standar industri 35%, rata-rata debt to equity ratio selama tahun 2020-2024 dinilai baik karena diatas standar industri 90%. Rata-rata return on assets selama tahun 2020-2024 dinilai kurang baik karena berada dibawah standar industri 30%, rata-rata return on equity selama tahun 2020-2024 dinilai kurang baik karena berada dibawah standar industri 40%, dan rata-rata net profit margin selama tahun 2020-2024 dinilai kurang baik karena berada dibawah standar industri 20%. Hasil menunjukan bahwa rasio solvabilitas indikator debt to assets ratio dan debt to equity ratio masing-masing menunjukan rata-rata diatas standar industri dan dinilai baik. Hasil penelitian ini diharapkan untuk PT.Andira Agro Tbk untuk meningkatkan rasio likuiditas dan rasio solvabilitas agar bisa meningkatkan penjualan.