FINANCIAL RATIO ANALYSIS AS A MEASURE OF PT CITA MINERAL INVESTINDO TBK'S PERFORMANCE DURING THE PANDEMIC AND ECONOMIC RECOVERY (2020–2024)

Abstract

This study aims to analyze the financial performance of PT Cita Mineral Investindo Tbk (CITA) for the 2020–2024 period by using growth ratios (Sales Growth, Net Profit Growth, EPS Growth, Dividend Growth), profitability ratio (GPM, NPM, ROA, ROE), liquidity ratio (Current Ratio, Quick Ratio), and additional ratios (Total Asset Turnover/TATO, Debt to Equity Ratio/DER). The goal is to assess a company's ability to sustain growth, asset efficiency, and capital management amid global economic fluctuations. This study uses a descriptive quantitative approach using secondary data from PT CITA's annual financial statements listed on the Indonesia Stock Exchange. The findings show a fluctuating performance, with a decline during 2020–2021 due to the COVID-19 pandemic, and a strong recovery in 2022–2024. In 2024, the company achieved outstanding performance with significant improvements in net income, EPS, dividends, asset efficiency, and liquidity. Additional ratios, TATO and DER, provide insight into asset utilization and capital structure that affect long-term profitability