Analisis Rasio Likuiditas dan Solvabilitas pada PT. Industri Jamu dan Farmasi Sido Muncul Tbk. Periode 2020-2022

Abstract

Background : Financial analysis is the foundation of financial management that can provide an overview of the company's finances, both now and in the past, so that it can be used to make decisions for related company stakeholders in improving future performance. One of the analytical tools for financial statements is to use financial ratio analysis. The ratios used as indicators in measuring the company's financial performance in this study are the Liquidity Ratio and Solvency Ratio. Objective : This research aims to provide an assessment of financial performance at PT. Herbal Medicine and Pharmaceutical Industry Sido Muncul Tbk. when viewed from the ratio of liquidity and solvency for the 2020-2022 period. Method : The form of research used in this practice is a descriptive method with a qualitative approach, in which researchers collect data in the form of financial reports. The financial data analyzed were obtained from the financial reports of PT. Herbal Medicine and Pharmaceutical Industry Sido Muncul Tbk. published on the company's official website. Results : The results of this study indicate that companies are able to meet their short-term obligations. It can be seen from the controlled Current Ratio at around 4%, Quick Ratio at 3 times and Cash Ratio at above 1. In addition, the Solvability Ratio also shows very good numbers. It can be seen from the Debt to Assets Ratio figure that the highest is 16%, and the Debt to Equity Ratio is at a very good rate at 0.19%, the highest and the lowest is 0.16%. Conclusion : Financial Performance of PT. Sido Muncul is assessed from its very good Liquidity and Solvency Ratios. The numbers shown are very safe and show great consistency. So that it can be concluded that in this condition the company can easily pay off all of its current liabilities.