Analisis Kinerja Keuangan Pada PT Japfa Comfeed Indonesia, Tbk Unit Makassar

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.