ANALISIS RASIO KEUANGAN UNTUK MENILAI KINERJA KEUANGAN PADA PT CENTRATAMA TELEKOMUNIKASI INDONESIA, TBK YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

The objectives of this study are: 1. To determine the financial performance of PT Centratama Telekomunikasi Indonesia Tbk listed on the Indonesia Stock Exchange using financial ratio analysis. 2. To find out the factors that cause a decline in the financial performance of PT Centratama Telekomunikasi Indonesia, Tbk by using ratio analysis. The data analysis techniques used are qualitative descriptive analysis and inductive descriptive analysis. The results of this study can be concluded that; The fluctuating liquidity value (CR) tends to decrease with an average value of 0.87 so based on the financial performance criteria is not good because the average value is below 2:1. Meanwhile, the fluctuating leverage ratio (DAR) tends to increase with an average value of 0.83 so based on the criteria it can be said that financial performance is not good because the value is greater than 0.5. Furthermore, the activity ratio (TATO) fluctuates and tends to decrease, followed by the profitability ratio (NPM) and the market value ratio (PER), meaning that it can be concluded that the three ratios have decreased so that it can be said that financial performance is not good. Thus, it can be concluded that the financial performance of PT Centratama Telekomunikasi Indonesia if analyzed using financial ratios such as liquidity, leverage, activities, profitability and market value that its financial performance is not good.