ANALISIS RASIO KEUANGAN SEBAGAI ALAT UNTUK MENILAIN KINERJA KEUANGAN PERUSAHAAN TELEKOMUNIKASI DI INDONESIA

Abstract

Business people and governments in making economic decisions require information about the company’s financial condition and performance. analysis is an alternative to examine the company’s financial performance in order to predict future earnings. This research is aimed to find out the company’s financial performance which is examine by using financial ratio analysis at PTt. xl axiata tbk, PT.telekomunikasi indonesia persero tbk, PT. indosat tbk, dan PT. smartfren telekom tbk from 2012 until 2016 periods. The data which has been observed is in a form of financial statement from 2012 until 2016 periods. The research methodology is used four financial ratio which are used to evaluate the financial performance i.e. liquidity ratio, solvability ratio, activity ratio, profitability ratio. The result of this research is based on the liquidity ratio which proxy with current ratio and quick ratio shows that the financial performance at PT. telekomunikasi indonesia persero tbk is very good. profitability ratio which is proxy with net profit margin and return on assets at PT. telekomunikasi indonesia persero tbk, has a good company’s financial performance condition. solvability ratio which is proxy with debt to total assets ratio and debt to total equity ratio at PT. telekomunikasi indonesia persero tbk has a good company’s financial performance condition. activity ratio which is proxy with assets turn over and fixed assets turn over has a good company’s financial performance condition.
Keywords: Liquidity ratio, Solvability ratio, Activity ratio, Profitability ratio and financial performance