Analisis Efisiensi Penggunaan Modal Kerja Pada PT. Tunas Baru Lampung Tbk

Working capital is an important element in a crucial aspect that is often a challenge for companies working capital to support daily operations, for example prepayment for raw materials, financing employee wages, and meeting other needs. The objective of this study was to evaluate how efficient operational funds at PT Tunas Baru Lampung Tbk. to find out the working capital at the company PT Tunas Baru Lampung Tbk whether it is efficient or not. This research applies a descriptive quantitative approach. The results of the study through calculations using the current ratio, working capital turnover, and net profit margin formulas in the 2020-2024 period. From the research outcomes, it can be concluded that PT Tunas Baru Lampung Tbk is quite good when referring to the current ratio, and when referring to the activity ratio the company has experienced a transition from highly efficient to efficient status, which shows that the company still has not managed to get maximum profit. Finally, the company's profitability ratio also fluctuates but is still in a very efficient status, this shows that the company is consistent in its Net Profit Margin because it is still above the ratio> 5%.