ANALYSIS OF THE FINANCIAL PERFORMANCE DEVELOPMENT OF PT INTI BANGUN SEJAHTERA TBK FOR THE PERIOD 2017 – 2024 BASED ON LIQUIDITY, ACTIVITY, AND PROFIITABILITY RATIOS

Abstract

This study aims to analyze the PT Inti Bangun Sejahtera Tbk financial performance from 2017–2024 through a thorough examination of liquidity, solvency, activity, and profitability ratios. The study utilizes a quantitative descriptive method relying on secondary data as retrieved from the company's annual financial reports. The calculation of each ratio applies a common analytical formula to uncover financial trends, numerically measure stability, and test consistency in performance over time. This approach allows improved understanding of how the company funded its capital structure and operational efficiency over the eight-year duration.The results indicate that the company's liquidity position fluctuated over the observation duration, reflecting irregular short-term financial capability. The solvency ratio reflected increasing dependence on debt financing, which could raise financial risk unless carefully managed. Conversely, the activity ratio suggested moderate efficiency in the use of company resources, while the profitability ratio offered proof of improved earning capacity despite certain financial disadvantages. Overall, PT Inti Bangun Sejahtera Tbk had fluctuating financial operations over the review period. In making headway for longer-term stability, the company is encouraged to consolidate liquidity management, smooth its debt structure, and optimize profitability through higher operating efficiency and cost control.