ANALISIS LAPORAN KEUANGAN UNTUK MENGUKUR KINREJA KEUANGAN PADA PERUSAHAAN FARMASI YANG Go Public

Abstract

This research is meant to find out and to study how the analysis of financial statement can be applied to measure the performance of the company. The population is financial statement of pharmaceutical companies. The sample collection technique has been carried out by using saturated sampling and the technique is quantitative and qualitative analysis which is used for the calculation over the ratios i.e. liquidity, activity, solvability and profitability.The result of the research shows that the performance of liquidity level on the current ratio of PT. Merck Indonesia Tbk is better than other companies; the quick ratio of PT. Taisho Pharmaceutical Indonesia Tbk is better than other companies. The performance is reviewed from its activity level on total assets turnover of PT. Kimia Farma is better than other companies; the fixed assets turnover of PT. Merck Indonesia Tbk is better than other companies. The solvability level of PT. Taisho Pharmaceutical Indonesia Tbk is better than other companies, whereas the profitability level of PT. Taisho Pharmaceutical Indonesia Tbk is better than other companies. It is reflected from 9 financial ratios and financial ratio analysis shows that PT. Taisho Pharmaceutical Indonesia Tbk has good performance which can be seen from the amount of financial ratio which is above the average of the industry if it is compared to other pharmaceutical companies.
Keywords: Liquidity, activity, solvability, profitability and financial performance.