LIQUIDITY AND PROFITABILITY RATIO ANALYSIS TO ASSESS FINANCIAL PERFORMANCE ON PT SARANA CENTRAL TBK (2020 – 2024)
Keywords:
Liquidity Ratio, Current Ratio, Profitability, Return on Assets, Return on Equity, Financial PerformanceAbstract
This study aims to analyze the financial performance of PT Saranacentral Bajatama Tbk during the 2020–2024 period through liquidity and profitability ratios. The research method used is quantitative descriptive with secondary data obtained from the company's annual financial statements. The ratios analyzed include Current Ratio (CR) to measure liquidity, as well as Return on Assets (ROA) and Return on Equity (ROE) to measure profitability. The results show that the company's liquidity level fluctuates, with the lowest CR value in 2020 at 0.91 and stable in the range of 1.8–1.9 during 2022–2024. The profitability ratio also shows an unstable pattern, where ROA and ROE were negative in 2020 and 2022, but increased to 2.16% and 12.24% respectively in 2024. Overall, PT Saranacentral Bajatama Tbk's financial performance showed a positive recovery trend post-COVID-19 pandemic through improved asset efficiency and better liquidity control.
