CD-ROM
Analisis Kinerja Keuangan Perusahaan dengan Menggunakan Metode Rasio Keuangan pada Perusahaan Rokok yang Terdaftar di BEI Periode 2014-2018 (CD + Cetak)
The company's financial performance is a description of the financial condition of a company which is analyzed using financial analysis tools so that it can be seen about the good and bad financial condition of a company that reflects work performance in a certain period. To assess the company's financial performance, it can be shown through financial reports that have been presented by the company's management. This study aims to determine the financial performance of cigarette companies listed on the Indonesia Stock Exchange for the period 2014-2018 by using financial ratio analysis. The research approach is a quantitative descriptive approach. The data analysis technique uses financial ratio analysis which includes liquidity ratios, solvency, activity and profitability. Based on the results of this study, the financial performance of cigarette companies for the period 2014-2018 which is calculated using financial ratios shows that of the four companies consisting of PT. Gudang garam, PT.Handjaya Mandala Sampoerna, PT, Bentoel Internasional Investama and PT Wismilak Inti Makmur, The company that has the best financial performance after being analyzed using liquidity ratios is PT.Handjaya Mandala Sampoerna. Meanwhile, based on the solvency ratio calculated by the Tottal Debt to Asset Ratio and Tottal Debt to Equity Ratio, the company that has the best average is PT Bentoel Internasional Investama. And based on the ratio of activities as measured by the rate of accounts receivable turnover and inventory turnover which shows the best average difference per year is PT. Bentoel Investama and the calculation of the fixed asset turnover of the company that has the highest average annual difference is PT. Gudang Garam, and in calculating total asset turnover, the company that has the highest average annual difference is PT Handjaya Mandala Sampoerna Tbk.
In the Profitability ratio as measured by the calculation of ROA (Return On Asset) and NPM (Net Profit Margin), it shows that the better average difference per year is PT.Handjaya Mandala Sampoerna, and from the calculation of Gross Profit Margin which has an average difference per year the best is PT. Bentoel Investama, while the Profitability Ratio as measured by the calculation (OPM) Operating Profit Margin and ROI (Return On Investment) shows that PT. Gudang Garam is the best after being calculated from the average per year.
And based on the calculation of GPM (Gross profit margin) which is seen from the average per year, it shows that PT Bentoel Investama is the best.
Keywords - Financial Ratio Analysis to Measure Financial Performance
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