Analysis Of Liquidity, Activity, Solvency, And Profitability Ratios To Measure Financial Performance At PT. Solusi Tunas Pratama, Tbk For The Period 2015-2024

Abstract

This study aims to analyze the financial performance of PT Solusi Tunas Pratama Tbk during the 2015–2024 period through the evaluation of financial ratios, including liquidity, activity, solvency, and profitability ratios. The research method employed is a descriptive quantitative approach by analyzing the company’s annual financial statements obtained from the official website of the Indonesia Stock Exchange (IDX). This analysis is intended to measure the company’s ability to meet short-term obligations, asset utilization efficiency, long-term solvency, and profitability performance. The results indicate that, in general, the financial performance of PT Solusi Tunas Pratama Tbk remained stable and demonstrated an improving trend toward the end of the period. The liquidity ratios show a good ability of the company to meet short-term liabilities, while the activity ratios reveal improved efficiency in asset utilization. The solvency ratios experienced a steady decline, indicating a healthier capital structure and reduced dependence on external debt. Furthermore, profitability ratios displayed a significant increase, reflecting the company’s enhanced capacity to generate profits. Therefore, it can be concluded that PT Solusi Tunas Pratama Tbk maintains a sound and sustainable financial performance, capable of adapting to the competitive dynamics of the Indonesian telecommunications industry.