Analysis of Financial Ratios to Measure Financial Performance in Internet and Telecommunication Infrastructure Provider Companies in 2019-2021
1Elnissy Desiana Benu,2Anggraeni Purwatiningsih,3Adi Suprayitno
1,2,3University of Merdeka Malang, Indonesia
https://doi.org/10.47191/jefms/v6-i1-53ABSTRACT:
This study aims to analyze the financial performance achievements of Internet and Telecommunication Infrastructure Providers in 2019-2021 using a financial ratio calculation tool listed on the Indonesia Stock Exchange. This research is a research design using a quantitative approach. The type of datausedis secondary data, while the data source is obtained through the website www.idx.co.id. In this study, purposive sampling was conducted as many as 5 Internet and Telecommunication Infrastructure Providers for the Year 2019-2021 listed on the Indonesia Stock Exchange. The data analysis technique used in this study is financial performance, while the independent variables in this study are the ratio of liquidity, activity, solvency and profitability. The results of the analysis show that viewed from 3 years and from the ratio of liquidity, activity, solvency and profitability consisting of (Current Ratio, Quick Ratio, Inventory Turn Over, Total Asset Turn Over, Debt To Asset Ratio, Debt To Equity Ratio , Net Profit Margin , Return On Assets and Return On Equity). In the liquidity ratio and the best company activity ratio is PT Indosat Tbk, while the best Solvency and Profitability ratio is PT. Gihon Telecommunications Tbk.
KEYWORDS:
Financial performance, liquidity ratio, activity, solvency, profitability
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