Financial Performance Analysis of PT Astra International

This study evaluates PT Astra International Tbk (Astra) 's financial performance for 2019-2023 using financial ratios from five dimensions: liquidity, capital structure, profitability, return on investment, and financial market size. The liquidity dimension is analyzed through current, quick, and cash ratios. Capital structure is evaluated by the debt-equity ratio (DER) and debt-to-asset ratio (DAR). Profitability is measured by Gross Profit Margin (GPM), Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE). Return on investment is analyzed using ROI and asset turnover ratio (ATR), while the financial market size is measured by P/E Ratio, P/BV, and dividend yield. The results show solid performance in profitability and return on investment despite challenges in liquidity. This research provides a comprehensive overview of Astra's financial performance and contribution to its competitiveness.

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Publication Details

Journal
Jurnal Ilmiah Sistem Informasi Akuntansi
Published
2025-06-15
DOI
https://doi.org/10.33365/jimasia.v5i1.113
Primary Topic
Management and Optimization Techniques
Type
article
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article

Financial Performance Analysis of PT Astra International

Sri Hermuningsih, Riskin Hidayat, Eko Setiawan
Jurnal Ilmiah Sistem Informasi Akuntansi
Management and Optimization Techniques
article

Financial Performance Analysis of PT Astra International

Sri Hermuningsih, Riskin Hidayat, Eko Setiawan
article en

Abstract

This study evaluates PT Astra International Tbk (Astra) 's financial performance for 2019-2023 using financial ratios from five dimensions: liquidity, capital structure, profitability, return on investment, and financial market size. The liquidity dimension is analyzed through current, quick, and cash ratios. Capital structure is evaluated by the debt-equity ratio (DER) and debt-to-asset ratio (DAR). Profitability is measured by Gross Profit Margin (GPM), Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE). Return on investment is analyzed using ROI and asset turnover ratio (ATR), while the financial market size is measured by P/E Ratio, P/BV, and dividend yield. The results show solid performance in profitability and return on investment despite challenges in liquidity. This research provides a comprehensive overview of Astra's financial performance and contribution to its competitiveness.

Jurnal Ilmiah Sistem Informasi AkuntansiVol. 5(1)
University of Sarjanawiyata Tamansiswa (ID)
Openalex Percentile: Top 61%
Management and Optimization Techniques
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Financial Performance Analysis of PT Astra International — Sri Hermuningsih, Riskin Hidayat, et al. · Jurnal Ilmiah Sistem Informasi Akuntansi (2025) | TGRS Research Map | TGRS