Financial Performance Analysis Against Profitability Ratios at PT Astra Internasional Tbk

The purpose of this study is to determine the financial performance of PT Astra International Tbk using the Profitability ratio, the data analysis techniques in this study are the Return On Asset (ROA) Ratio and the Return On Equity (ROE) Ratio, the data used is quantitative data and the data source in this study is secondary data obtained based on financial records for the last five years 2019-2023 at PT Astra International Tbk on the Indonesia Stock Exchange. The results of the study which were tested partially showed that return on assets had a fluctuating ratio each year, but the value of the return on assets ratio did not exceed the set industry value so that financial performance was declared unhealthy. The return on equity produced has the same value as the return on assets ratio, which is fluctuating and the industry value does not exceed the return on equity ratio value so that the financial performance of PT Astra International Tbk is not good.

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Publication Details

Journal
Jurnal Sinar Manajemen
Published
2024-11-30
DOI
https://doi.org/10.56338/jsm.v11i3.6793
Primary Topic
Management and Optimization Techniques
Type
article
Field-Weighted Citation Impact
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article

Financial Performance Analysis Against Profitability Ratios at PT Astra Internasional Tbk

Rosfianti M. Yadasang, Liswan Rusman, Umar Umar, Mastia M Halimu
Jurnal Sinar Manajemen
Management and Optimization Techniques
article

Financial Performance Analysis Against Profitability Ratios at PT Astra Internasional Tbk

Rosfianti M. Yadasang, Liswan Rusman, Umar Umar, Mastia M Halimu
article en

Abstract

The purpose of this study is to determine the financial performance of PT Astra International Tbk using the Profitability ratio, the data analysis techniques in this study are the Return On Asset (ROA) Ratio and the Return On Equity (ROE) Ratio, the data used is quantitative data and the data source in this study is secondary data obtained based on financial records for the last five years 2019-2023 at PT Astra International Tbk on the Indonesia Stock Exchange. The results of the study which were tested partially showed that return on assets had a fluctuating ratio each year, but the value of the return on assets ratio did not exceed the set industry value so that financial performance was declared unhealthy. The return on equity produced has the same value as the return on assets ratio, which is fluctuating and the industry value does not exceed the return on equity ratio value so that the financial performance of PT Astra International Tbk is not good.

Jurnal Sinar ManajemenVol. 11(3)
Universitas Muhammadiyah Luwuk Banggai (ID), Universitas Muhammadiyah Palu (ID), Universitas Tompotika Luwuk (ID)
Industry, innovation and infrastructure
Openalex Percentile: Top 56%
Management and Optimization Techniques
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