Financial Performance Analysis of Telecommunication Companies Listed on the Indonesia Stock Exchange (IDX) Year 2015-2019
Journal Title: Journal of Economics, Finance and Management Studies - Year 2022, Vol 5, Issue 05
Abstract
This study aims to analyze the financial performance of telecommunications company listed on the Indonesian stock exchange in 2015-2019, by looking at the financial statements using analytical tools, namely liquidity ratio, solvency ratio, activity ratio, and profitability ratio. Study This study uses descriptive and quantitative analysis methods, focusing on on the company's financial performance. Types and sources of data used are secondary data in the form of balance sheets, income statements and other data required from 2015-2019, the data is taken from the report financial statements of telecommunications companies published on the Stock Exchange Indonesia. The company's sampling technique uses the purposive sampling. The analysis used is quantitative analysis which consists of the liquidity ratio (current ratio), solvency ratio (total debt to assets ratio), activity ratio (total asset turn over ratio), profitability ratio (profit margin). Based on the research, the research results obtained are PT XL Axiata have good performance. This is evidenced by a fairly good ratio liquidity, solvency ratios, activity ratios, and profitability ratios even though fluctuates up and down every year. PT Smartfren has excellent performance pretty good. This is evidenced by the solvency ratio, activity ratio, and the ratio of good company profitability every year. PT Indosat has performance which is very good. This is evidenced by a very good liquidity ratio, the ratio of solvency, and the company's profitability ratios each year. PT Telekomunikasi Indonesia has a very good performance. This is evidenced by the improvement in liquidity ratios, solvency ratios, activity ratios, and ratios annual profitability of the company.
Authors and Affiliations
Ratnaningsih, Rr. Adiati Trihastuti, Cholis Hidayati
Keywords
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- EP ID EP707217
- DOI 10.47191/jefms/v5-i5-15
- Views 76
- Downloads 0
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