Abstract:
This study aims to determine the financial performance of PT. Japfa
Comfeed Indonesia, Tbk Makassar Unit. The financial ratio analysis method used
is the ratio of liquidity, solvency, and profitability.
Based on the results of the study it was found that the results of the
analysis of liquidity ratios in the company experienced fluctuations in current
ratios and decreases in fast ratios and cash ratios caused by debts and current
fluctuations and cash decreased during the three-year period (2016-2018).
Solvability ratio analysis results For three years, the DtAR Ratio and DtER Ratio
have increased because financial accounts on solvency have increased, while the
LTDtER Ratio has fluctuated because long-term debt has decreased in 2018. The
profitability ratio of companies has fluctuated. This can be seen in 2017 ROA,
ROI, ROE, GPM, and NPM decreased due to net profit before tax, net profit after
tax, and gross profit experienced a decrease in 2017.
