Analysis of Health Financial Report at PT. Akasha Wira Internasional Tbk (2014-2020)
Abstract
This study aims to determine the financial health of PT. Akasha Wira Internasional Tbk which is listed on the Indonesia Stock Exchange. This type of research is quantitative descriptive, which explains financial ratios consisting of liquidity ratios and solvency ratios that occur in companies in 2014-2020. The population in this study is the financial statements of PT. Akasha Wira Internasional Tbk which are listed on the Indonesia Stock Exchange in 2014-2020 as well as being the sample in this study. The data used in this study is secondary data, so the data collection method used in this study is the non-participant observation method, where the researcher is not involved and only as an independent observer. The results showed that the financial health of PT. Akasha Wira Internasional Tbk which was listed on the Indonesia Stock Exchange for the last seven years. Measurement of financial health using the Liquidity Ratio which consists of the Current Ratio and Cash Ratio shows that financial health is not good in 2014-2018 because it is below the average industry standard caused by an increase in current debt compared to cash in the previous year, while in 2019- 2020 shows excellent financial health as it is above the industry standard average. The solvency ratio measured using the company's Debt to Equity Ratio and Long Term Debt to Equity Ratio in 2014-2020 fluctuated, if the industry standard average was 35% then the company's condition was considered very good.
Keywords: Financial Health, Liquidity Ratio, Solvency Ratio
References
Abdul Kadim, K., Nardi Sunardi, S., Hendro Waryanto, W., Dessy Adelin, A., & Endang Kusmana, K. (2018). The Effects Of Bank Soundness With The RGEC Approach (Risk Profile, Good Corporate Governance, Earnings, Capital) Of Leverage And Its Implications On Company’s Value Of State Bank In Indonesia For The Period Of 2012-2016. IJER (International Journal of Economic Research), 15(11), 41-52.
Benny, M. A. (2009). Manajemen Keuangan Bisnis (edisi 1). Bandung: ALFABETA.
Hakim, L., Sunardi, N. (2017). Determinant of leverage and it's implication on company value of real estate and property sector listing in IDX period of 2011-2015. Man in India, 97(24), pp. 131-148.
Harahap. 2015. Analisis Kritis Atas Laporan Keuangan. Cetakan Kedua Belas. Jakarta. Rajawali Pers.
Harras, H., Sugiarti, E., & Wahyudi, W. (2020). Kajian Manajemen Sumber Daya Manusia Untuk Mahasiswa.
Husain, T., & Sunardi, N. (2020). Firm's Value Prediction Based on Profitability Ratios and Dividend Policy. Finance & Economics Review, 2(2), 13-26.
Kadim, A., Sunardi, N & Husain, T. (2020). The modeling firm's value based on financial ratios, intellectual capital and dividend policy.Accounting, 6(5), 859-870.
Kasmir. 2016. Manajemen Perbankan. Jakarta : PT. Raja Grafindo
Munawir, S. 2014. Analisa Laporan Keuangan. Edisi Keempat. Liberty. Yogyakarta.
Nardi Sunardi Et Al (2020). Determinants of Debt Policy and Company’s Performance, International Journal of Economics and Business Administration Volume VIII Issue 4, 204-213
Puji Astuti, Tri dan Mohammad Taufiq. (2020) Analisis Laporan Keuangan Dalam Rangka Menilai Kinerja Perusahaan PT. Telekomunikasi Indonesia Tbk. Greenomika, Vol 2 No. 2 P-ISSN: 2657-0114 E-ISSN: 2657-0122
Putri, Hilda dan Aris Munandar (2020) Analisis Kinerja Keuangan Ditinjau Dari Rasio Likuiditas, Solvabilitas dan Profitabilitas Pada PT. Champion Pacific Indonesia Tbk. Jurnal Ekonomi Manjemen Vol. 1 No.1 Tahun 2020, ISSN:2550-1062
Rochman dan Pawenary (2020) Analisis Laporan Keuangan Dalam Menilai Kinerja Keuangan PT. Harum Energy. Jurnal Ekonomi Manajemen Sistem Informasi Volume 2, Issue 2, November 2020 E-ISSN: 2686-5238, P-ISSN 2686-4916 DOI: https://doi.org/10.31933/jemsi.v2i2
Sihombing, Tanggor (2020) Analisis Kinerja Keuangan Terhadap Manajemen Laba Pada Perusahaan Sektor Industri Dasar dan KimiaYang Terdaftar di BEI Periode 2016-2018, Jurakunman Vol.13, No. 2, Juli 2020 P-ISSN: 2086-681X O-ISSN:2654-8216
Sugiyono. (2014). Metode Penelitian Pendidikan Pendekatan Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta.
Yelfi Putri, Riska, Yohannes Indrayono dan Ellyn Octavianty (2019) Analisis Laporan keuangan Untuk Mengukut Kinerja Keuangan Pada PT. PP London Sumatra Indonesia Tbk.
Zuniarti, Ida (2015) Analisis Kinerja Keuangan Pada PT. Prudential Life Asurance Periode 2009-2013 MONETER, Vol. II N0. 1 April 201
Downloads
Published
Issue
Section
License
Open Access
HUMANIS (Humanities, Management and Science Proceedings) is a national peer reviewed and open access journal that publishes significant and important research from all area of agroindustry.
This journal provides immediate open access to its content that making research publish in this journal freely available to the public that supports a greater exchange of knowledge.
Copyright
Submission of a manuscript implies that the submitted work has not been published before (except as part of a thesis or report, or abstract); that it is not under consideration for publication elsewhere; that its publication has been approved by all co-authors. If and when the manuscript is accepted for publication, the author(s) still hold the copyright and retain publishing rights without restrictions. Authors or others are allowed to multiply article as long as not for commercial purposes. For the new invention, authors are suggested to manage its patent before published. The license type is CC-BY-SA 4.0.
Disclaimer
No responsibility is assumed by publisher and co-publishers, nor by the editors for any injury and/or damage to persons or property as a result of any actual or alleged libelous statements, infringement of intellectual property or privacy rights, or products liability, whether resulting from negligence or otherwise, or from any use or operation of any ideas, instructions, procedures, products or methods contained in the material therein.
