Financial Performance Analysis of PT Ramayana Lestari Sentosa Tbk. 2018-2022 Period
DOI:
https://doi.org/10.54066/ijmre-itb.v2i1.1656Keywords:
Financial Performance, Financial Reports, Financial RatiosAbstract
This research analyzes the financial performance of PT. Ramayana Lestari Sentosa Tbk. during the 2018-2022 period using quantitative and descriptive analysis methods with liquidity, profitability, solvency, and activity ratios. The results show: 1) The liquidity ratio indicates a liquid condition throughout the period, despite a decrease in 2020. 2) Profitability ratios show a less profitable condition although the company generates profits, it hasn't reached previous year's figures. 3) Solvency ratios depict a manageable condition, despite an increase in 2020. 4) Activity ratios indicate a good condition as the company effectively utilizes its current assets to generate profits. In conclusion, the financial performance of PT. Ramayana Lestari Sentosa Tbk. is considered healthy as it quickly improves its financial performance, as evidenced by the calculated ratios.
References
Agustin O., Anwar Y., Bramana SM, (2023). Profitability Ratio Analysis of Profit Optimization at PT. Grand Titian Residence. Wahana Ekonomika Media Journal, 20(1).
Amelya B., Nugraha Sj, Puspita Va (2021). Comparative Analysis of Financial Performance Of Pt. Indofood Cbp Sukses Makmur Tbk Before And After The Covid-19 Transition. Mea Scientific Journal, 5(3).
Bintari, Vi, Kusnandar, Dl (2021). Covid-19: Impact on Sharia Stock Prices In Asean. Journal Of Management, Business and Organizations (Jumbo), 5(3), 439. Https://Doi.Org/10.33772/Jumbo.V5i3.21441
Choeriyah A., Kurniati Rr, Zunaida D. (2021). Financial Ratio Analysis As An Assessment Of Company Financial Performance (Study On Pt. Ramayanana Lestari Sentosa Tbk Which Is Listed On The Indonesian Stock Exchange. Jiagabi, 10(2).
Harahap, Lr Et. All. (2021). Analysis Of Financial Ratios On Financial Performance Of Pt Eastparc Hotel, Tbk. (Early Period Of The Covid-19 Pandemic). Competitive Journal Of Accounting And Finance, 5(1).
Manalu, G.C., & Novita, N. (2022). Can An Internal Control System Improve The Quality Of Financial Reports In Construction Services Companies? Accounting E-Proceedings, 3(1).
Meimela, A., Et Al. (2021). Modeling Of Covid-19 In Indonesia Using Vector Autoregressive Integrated Moving Average. Journal Of Physics: Conference Series 1722(1). Https://Doi.Org/10.1088/1742-6596/1722/1/012079
Nahrowi Ra, Wardani Rs, Bahri Na (2022). Analysis Of Pt Indosat's Financial Performance Before And During The Covid-19 Transition. Journal Of Assets: Accounting And Finance Research, 4(2).
Noordiatmoko D. (2020). Analysis Of Profitability Ratio as A Measuring Tool for Assessing Financial Performance At Pt Mayora Indah Tbk, Period 2014-2018. Parameters Journal, 5(4).
Ompusunggu, Dp, Febriani E. (2023). Financial Ratio Analysis to Assess Financial Performance In Pt. Indofood Success Makmur, Tbk. On The Indonesian Stock Exchange (Bei) Period 2015-2022. Social And Science Journal Matrix, 5(1).
Runtuwarow, Rr, Rogahang, Jj, & Mukuan, Dd (2023). Financial Performance Analysis of Pt Astra International Tbk. Productivity, 4(5).
Wulandari T., Darwis H. (2019). Analysis Of Liquidity, Solvency and Profitability Ratio in Company Financial Statements. Journal Of Accounting, 8(1).
Website
Central Statistics Agency (nd). Indonesia’s economy in 2020 fell by 2.07 percent (c-to-c). Retrieved October 18, 2023, from https://www.bps.go.id/pressrelease/2021/02/05/1811/ Ekonomi-indonesia-2020-turun-sebesar-2-07-persen--c-to- c-.html.
PT. Indonesian Stock Exchange (nd). Financial and Annual Reports. IDX. Retrieved October 18, 2023, fromhttps://www.idx.co.id/id/usaha-ter recorded/report-keuangan-dan-tahunan.
Pt. Indonesian Stock Exchange (Nd). Annual Reports / Annual & Sustainability Reports. Ramayana. Retrieved October 20, 2023, From Https://Ramayana.Co.Id/Content/Annual-Reports.
