| dc.description.abstract | Financial Performance is an analysis conducted to see the extent to which a company has implemented using financial implementation rules properly and correctly.
This study aims to determine and analyze the financial performance of PT. Perkebunan Nusantara III (Persero) Medan, using liquidity ratio, solvency ratio and profitability ratio based on the company's financial statement data from 2020 to 2022.
The method used in this study is the literature study method. Literature study is any effort made by researchers to obtain information relevant to the topic or problem being studied. This type of information can include scientific books, research reports, company financial data, and other written sources, both print and electronic media. The data used in this study are quantitative data and secondary data sourced from the company's financial statements from 2020 to 2022. The data analysis technique used in this study is a descriptive technique using quantitative data.
The results of this study show that the liquidity ratios, namely Current Ratio and Cash Ratio, indicate that financial conditions are still not good and have not been able to meet their current obligations, because they are below industry standards. The solvency ratio, Debt to Total Assets Ratio and Debt to Equity Ratio, shows that the financial condition is good enough and able to cover its debts, because it is below industry standards. The Profitability Ratio, Return On Assets and Return On Equity, shows that financial conditions are still not good and have not been able to generate net income, because they are below industry standards. | en_US |
